11:12am: The deal is official, the Magic announced via press release.
10:59pm: The sides have an agreement in principle on a three-year deal that’s fully guaranteed for the first season, Robbins writes in his full story. Since it’s for three years, that means the Magic are indeed using cap space.
10:52am: The Magic are on track to sign No. 56 overall pick Devyn Marble as soon as later today, reports Josh Robbins of the Orlando Sentinel (Twitter link). The rights to the former Iowa shooting guard went from Denver to Orlando as part of last month’s Arron Afflalo trade.
Marble, the son of former NBA player Roy Marble, showed steady improvement over his final three seasons with the Hawkeyes, averaging 17.0 points in 30.2 minutes per game with 34.9% three-point shooting as a senior. He aligned himself with another former NBA player when he chose B.J. Armstrong as his agent.
Orlando will likely use some of its ample cap space on what’s probably a deal for the minimum salary. It would be somewhat surprising if it were fully guaranteed, as such deals aren’t too common for late second-round picks. The Magic appear to be coming to a much quicker resolution with their second-rounder this year than they did last summer, when they didn’t officially have a contract with No. 51 overall pick Romero Osby until September 27th.