3:49pm: The Magic have officially signed Petrucelli and waived Johnson, the club confirmed in a press release.
12:51pm: The Magic are making a pair of procedural roster moves, according to Josh Robbins of The Athletic, who reports (via Twitter) that the club will sign John Petrucelli and waive B.J. Johnson. Both players are expected to ultimately end up with the Lakeland Magic, Orlando’s G League affiliate, Robbins adds.
Petrucelli, a 6’4″ guard, spent last season with the Magic’s G League squad, averaging 8.3 PPG and 4.0 RPG in 43 games (20.9 MPG). Lakeland holds his returning NBAGL rights, but signing him to an Exhibit 10 contract and then cutting him will allow Orlando to give him a bonus worth up to $50K, which won’t affect the club’s salary cap.
As for Johnson, he completed his college career this past spring before joining the Magic for training camp. In his senior year at La Salle, the 6’7″ shooting guard recorded 20.8 PPG and 8.3 RPG, earning Second Team All-Atlantic 10 honors.
Orlando’s roster will remain at the 20-man preseason limit once the team officially finalizes both of these moves.