1:25pm: The Magic have officially announced the signing of Maxiell in a press release.
11:58am: Free agent big man Jason Maxiell will join the Magic, according to Vincent Goodwill of the Detroit News (via Twitter). Although Goodwill calls the news "official," there's been no announcement from the team yet, but it appears the two sides have an agreement in place. Adrian Wojnarowski of Yahoo! Sports confirms (via Twitter) that it will be a two-year deal.
The Magic haven't been very active in free agency this offseason, which is no surprise, since it's not like the club is a player or two from contention. A report last week suggested Orlando wanted to add depth at point guard and center though. Since then, the team has agreed to sign Ronnie Price at the point, and has now agreed to terms with Maxiell. The 30-year-old isn't a traditional center, but the team sees him as someone who can play some minutes in the middle as well as at power forward, according to Josh Robbins of the Orlando Sentinel (via Twitter).
Maxiell is coming off a four-year contract that paid him $5MM annually, so he'll see his salary cut roughly in half — Goodwill tweets the two-year deal is worth about $5MM overall. Wojnarowski adds in his story that the second year of the contract will be a team option, which perhaps means it will be non-guaranteed.
The former Cincinnati Bearcat has spent his entire eight-year NBA career in Detroit, after being drafted by the Pistons in the first round of the 2005 draft. In his most recent season with the team, Maxiell started 71 of his 72 games, averaging 6.9 PPG and 5.7 RPG in 24.8 minutes per contest.