SATURDAY, 1:59pm: The Magic have officially announced the moves.
FRIDAY, 10:12pm: Having just made their camp cuts this evening, the Magic will pick up their rookie-scale options on four players tomorrow, reports Josh Robbins of the Orlando Sentinel. The team is set to guarantee the 2014/15 salaries of Maurice Harkless, Tobias Harris, Andrew Nicholson and Nikola Vucevic.
Robbins first reported that the team had decided on the option pickups back in July, well ahead of the October 31st deadline and long before most teams make these kinds of moves. Together the exercised options will add $8,565,534 to the team’s 2014/15 commitments, bringing the total to about $33.4MM — the 11th lowest amount of guaranteed salary in the league when I ran the numbers and projected next summer’s cap space for every team earlier this month.
Vucevic and Harris, who’ll be playing their fourth NBA seasons in 2014/15, will receive about $2.75MM and $2.4MM, respectively, while Harkless and Nicholson, who’ll be third-year guys that season, are set to make around $1.9MM and $1.5MM. Check out our tracker for details on 2014/15 rookie contract options for each team as the October 31st deadline to exercise them draws near.