Orlando Magic Rumors | Hoops Rumors

Magic Sign Ben Gordon

July 11th, 2014 at 9:54am CST by Chuck Myron

JULY 11TH: The deal is official, the team announced via press release.

“Ben brings valuable experience to our team,” GM Rob Hennigan said in the team’s statement. “His competitiveness and ability to score and stretch the floor adds versatility to our backcourt and overall roster. We are excited to welcome Ben to the Orlando Magic family.”

JULY 2ND: The Magic and Ben Gordon have struck a deal on a two-year, $9MM arrangement, tweets Adrian Wojnarowski of Yahoo! Sports. The second year is a team option, according to TNT’s David Aldridge (Twitter link). That’s a shocking amount for the shooting guard who ended last season out of the league after Charlotte waived him in March.

Orlando has made several cap clearing moves in recent days, but it’s nonetheless odd to see the team lob such a high-dollar offer Gordon’s way. There are no real teeth to the NBA’s minimum team salary rules, since the penalty for not reaching that amount holds that a team simply must distribute the difference between its team salary and the salary floor among its players.

The deal is a coup for agent Raymond Brothers. The Bulls, Clippers, Rockets and Thunder reportedly had interest in Gordon when he and the Bobcats were working on their buyout, but Charlotte wound up waiving him one day too late for him to participate in the playoffs with another team, an oddly timed move. Gordon was apparently reluctant to sign with some of those interested teams anyway, since they were dangling two-year deals that would have prevented him from hitting free agency this summer. As it turns out, that reluctance was wise.

Gordon, 31, played in just 19 games this past season, averaging career lows in points per game (5.2), minutes per game (14.7), and three-point shooting (27.6%), among a host of other categories. Once a feared sixth man, the Pistons dealt him to Charlotte in a 2012 deal that ultimately cost them the No. 9 overall pick this year to rid themselves of the last two years of his five-year, $58MM contract.

And-Ones: LeBron, Novak, Hibbert, Butler

July 10th, 2014 at 11:53pm CST by Charlie Adams

The Heat and Cavs expect LeBron James to make his decision on where to sign before he gets on his flight to Brazil this weekend, tweets Adrian Wojnarowski of Yahoo! Sports. It’s likely that any decision James makes will impact where Chris Bosh, Kevin Love, and Chandler Parsons find themselves next season as well. While much is seemingly tied to the four-time MVP’s choice, odds are low anything is decided tonight. Let’s catch up on the rest of the league while we wait on LeBron and the 2014 edition of “The Decision”:

The Raptors are finalizing a buyout with Lucas Nogueira‘s team in Spain, writes Josh Lewenberg of TSN.ca (on Twitter). We had heard earlier this week that Toronto was likely to bring over Nogueira and Bruno Caboclo prior to the start of 2014/15.
The $9.8MM trade exception that the Warriors had created from the Richard Jefferson deal with the Jazz expired tonight, as David Aldridge of NBA.com observes (via Twitter).
The Steve Novak trade, which became official today, allows the Raptors to create a $3,445,947 trade exception equivalent to Novak’s salary. The three-teamer between the Nets, Cavs and Celtics that was also formalized today allows the Nets to create a diminutive $741,160 trade exception equal to the difference between Marcus Thornton’s salary and the sum of the salaries for Jarrett Jack and Sergey Karasev. The Cavs could end up with trade exceptions out of the deal, too, but they’re poised to open cap room, so those exceptions would disappear when they officially dip below the cap.
The Bucks and Pacers have had discussions for a trade including Roy Hibbert, writes Gery Woefel of the Racine Journal Times. Milwaukee is interested in acquiring Hibbert, says Woelfel, but it isn’t clear if Indiana is interested in any packages the Bucks could put together.
Nikola Vucevic and Tobias Harris‘ rookie deals expire after 2014/15, and as a result, the duo became extension eligible this summer. Josh Robbins of the Orlando Sentinel hears discussions about new contracts between the Magic and the young big men will pick up some time around Labor Day.
Caron Butler is being pursued by the Clippers and Thunder, tweets Chris Mannix of Sports Illustrated. Butler, of course, has spent time with both organizations.

Chuck Myron contributed to this post.

Eastern Rumors: Ariza, Celtics, Sixers

July 9th, 2014 at 10:21pm CST by Cray Allred

The Wizards have spoken with Luol Deng, but remain committed to re-signing Trevor Ariza, league sources tell Adrian Wojnarowski of Yahoo! Sports (Twitter link). Here’s more from the East:

Washington is prepared to offer Ariza a raise from last year’s $7.7MM salary, but not upwards of $9MM, which is what the small forward is reportedly seeking, writes Michael Lee of The Washington Post. Both Ariza and the Wizards have anticipated waiting until LeBron James and Carmelo Anthony make their decisions before any progress for Ariza can be made.
J. Michael of CSNWashington.com tweets that Ariza is assured of receiving more more money from another team, but that the Wizards hope he will want to remain in Washington for less.
The Bulls are now being linked as suitors for Ariza by Chris Broussard of ESPN.com (on Twitter).
The Rockets are weighing whether to match Chandler Parsons‘ offer sheet with the Mavs, or pursue Ariza at a lower price, tweets Broussard.
The Celtics like the newly acquired Tyler Zeller, but don’t have long term plans for Marcus Thornton, whom they acquired in the same three-team trade, tweets Gary Washburn of The Boston Globe. Washburn says it’s likely Boston will deal away Thornton’s contract or let it expire.
Before the Celtics agreed to take part in today’s swap, the Cavs reached out to the Magic and just about every other team in the league as they sought a third team to take Thornton in a three-team deal with the Nets, according to Grantland’s Zach Lowe.
Sixers GM Sam Hinkie acknowledged that his team is in position to help other clubs with its ample cap flexibility, pointing to that as a way to faciliate trades, as he told Bob Cooney of the Philadelphia Daily News as part of a Q&A.

Chuck Myron contributed to this post.

Eastern Notes: LeBron, Monroe, Magic, Bulls

July 8th, 2014 at 9:10pm CST by Ryan Raroque

LeBron James is scheduled to meet Wednesday with Heat president Pat Riley in Las Vegas, league sources told ESPN’s Chris Broussard. A few days ago, we passed along that the free agent superstar was planning to have a sitdown with Riley at some point this week. Here’s what else has been buzzing in the Eastern Conference this evening:

Pistons president/head coach Stan Van Gundy reiterated that restricted free agent Greg Monroe is still part of the team’s future plans, reports David Mayo of MLive. Mayo also explains how Detroit could potentially create an additional $4.5MM in cap space this summer by making other moves in free agency first before signing Monroe to a new contract.
In their final move of this summer’s free agency, the Magic aim to land a third point guard to back up Victor Oladipo and Elfrid Payton, according to Josh Robbins of the Orlando Sentinel.
The Bulls’ pursuit of Pau Gasol is dependent on what Carmelo Anthony decides to do in free agency, reports Joe Cowley of the Chicago Sun-Times, who hears that the wait has become “frustrating” for Chicago’s front office.
When Knicks head coach Derek Fisher spoke with Carmelo last week, he guaranteed that the team would be better next season with the new system, reports Marc Berman of the New York Post. Fisher, who hasn’t spoken with Anthony since Thursday’s meeting, wouldn’t say whether he felt good or not about New York’s chances of retaining the star forward.
In another piece, Berman writes that Anthony has held out faint hope that Knicks president Phil Jackson can clear the necessary cap space this summer to bring LeBron James to New York. Doing so would at the least require New York to find takers for Amar’e Stoudemire and Andrea Bargnani in salary dump deals.
Having completed his workout for the Raptors, former NBA swingman Yakhouba Diawara will be auditioning for the Bucks next, a source tells David Pick of Eurobasket (Twitter link).
Celtics guard Rajon Rondo recently spoke with Baxter Holmes of the Boston Globe and brushed off speculation that the arrival of rookie point guard Marcus Smart could affect his future in Boston. “I don’t think (anything) of it… I can be here today, gone tomorrow. You never know. For me to get bent out of shape, or to feel threatened by the Celtics drafting a point guard, it means nothing.”

Western Notes: LeBron, Warriors, Mavs

July 6th, 2014 at 8:25pm CST by Eddie Scarito

The Warriors could have dealt Harrison Barnes to the Magic for Arron Afflalo and a future first-round pick, a source tells Ric Bucher of 95.7 The Game (on Twitter). The Warriors passed, but such a deal would have eased losing Klay Thompson in a Kevin Love trade.

And-Ones: Clippers, Williams, LeBron

July 4th, 2014 at 11:17pm CST by Eddie Scarito

Ramona Shelburne of ESPNLosAngeles.com (Twitter link) wonders what the Clippers recent signing of Spencer Hawes will mean for the extension chances of DeAndre Jordan and Jamal Crawford with the team.

Here’s more from around the league:

Unless the Clippers are willing to trade J.J. Redick or first-round picks to the Nets for Paul Pierce, a sign-and-trade is unlikely, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link).
Free agent forward Marvin Williams has been in discussions with the Spurs, Heat, Wizards, Hornets, Clippers, Magic, and Suns, reports David Aldridge of NBA.com (Twitter link).
Darnell Mayberry of the Oklahoman breaks down the Thunder‘s Summer League roster.
The Lakers indeed met today with Rich Paul, the agent for LeBron James, as expected, Aldridge tweets.
Talks are advancing between Luol Deng and the Hawks, though no agreement is pending, notes Sam Amico of Fox Sports Ohio (Twitter link).

Magic Waive Jason Maxiell

July 4th, 2014 at 9:30am CST by Chuck Myron

9:30pm: Orlando has officially waived Maxiell, the team announced via press release.

8:53am: The Magic are waiving Jason Maxiell, reports Josh Robbins of the Orlando Sentinel (Twitter link). There doesn’t appear to be an official announcement of yet, but presumably one is on the way. Orlando was reportedly trying to find a trade partner to take him before his non-guaranteed contract was to have become fully guaranteed for $2.5MM on July 10th, and apparently the Magic have yet to find a team willing to take on the power forward.

Maxiell’s 3.2 points per game last season were his fewest since he was a rookie as his minutes were cut from 24.8 his final season with the Pistons to 14.4 in his first year with Orlando after he signed with the club last summer. The arrival of Aaron Gordon, the No. 4 overall pick in the draft, figured to further impinge upon the playing time of the 31-year-old Maxiell, who doesn’t quite fit the mold of the franchise’s youth-focused rebuilding approach.

Still, it seems somewhat odd that the Magic apparently have no use for Maxiell at $2.5MM after agreeing earlier this week to sign Ben Gordon to a two-year, $9MM contract. The Andy Miller client is just a year removed from having started 71 games for the Pistons, and he seems in line to recoup most, if not all, of the salary he would have made with Orlando. The timing of the move, nearly a week before his contract guarantee date, gives Maxiell more of a chance to find a new deal on the market.

And-Ones: Monroe, Pacers, Rambis, Stephenson

July 3rd, 2014 at 4:59pm CST by Chuck Myron

None of the executive, scouts, and agents with whom Vince Ellis of the Detroit Free Press spoke over the last two years said they considered Greg Monroe worthy of a maximum-salary contract. The reported interest from the Magic is “lukewarm at best,” as Ellis writes amid his look at Monroe’s market value and options. Here’s more from around the league:

The league projects that the Pacers will wind up having made $7MM in 2013/14, Grantland’s Zach Lowe reports. The league says they’ll have lost $14MM on their own but made $18MM through revenue sharing and another $3MM via luxury tax payouts.
Lakers assistant coach and head coaching candidate Kurt Rambis has agreed to become an assistant coach for the Knicks, reports Ian Begley of ESPNNewYork.com. The Knicks had reportedly offered him a four-year deal worth about $1.2MM a year.
Chicago has spoken with Lance Stephenson, but the Bulls see him merely as a fallback option and feel like his asking price is more than they’ll be willing to pay, reports Joe Cowley of the Chicago Sun-Times.
Agents and union officials are looking to change the perception that stars should take paycuts for the benefit of their teams, as Sean Deveney of the Sporting News details.
The Magic and Suns are pursuing Patrick Patterson, according to David Baumann of CBS Sports Radio Orlando (Twitter links).
An executive with an Eastern Conference team told Mike Monroe of the San Antonio Express-News that his club was preparing a multiyear deal for Patty Mills but halted its pursuit when news of Mills’ shoulder injury surfaced. Mills wound up with a three-year, $12MM deal from the Spurs.

Heat Rumors: Ariza, Deng, Stephenson, Morrow

July 3rd, 2014 at 4:21pm CST by Chuck Myron

What happens with the Heat this summer will prove pivotal to teams around the league, and while LeBron James largely holds the keys, team president Pat Riley isn’t sitting idly as he attempts to improve the roster with the hope his star returns. Here’s the latest from South Beach:

The Heat are “extremely interested” in Trevor Ariza and Luol Deng, Bleacher Report’s Ethan Skolnick writes, adding that signing them would require both to tamp down their salary demands. Ariza’s camp has made it clear that he wants much more than $8MM a year, Skolnick hears.
Miami indeed inquired about the availability of Lance Stephenson, Skolnick adds in the same piece, confirming a report by ESPN’s Dan Le Batard, but they didn’t come close to matching the five-year, $44MM offer from the Pacers that the shooting guard reportedly turned down.
The Heat never made an offer to Kyle Lowry or Marcin Gortat, a source tells Ira Winderman of the Sun Sentinel, and Miami never made either a priority, as Skolnick writes in his piece. The Heat believe that agents have been overstating Miami’s interest in some players as a means of driving up the value of their clients, and they’re even more frustrated with the high price of some of the deals so far in free agency, Skolnick hears. They had interest in Jodie Meeks and Avery Bradley, but not for the money they received, as the Bleacher Report scribe adds.
The Heat never had a legitimate shot with mid-tier considerations like Lowry and Gortat anyway, according to Marc Stein of ESPN.com, who hears that they’re going after Anthony Morrow. The Thunder are also pursuing Morrow and the Magic had been, too, before they reached their deal with Ben Gordon, Stein adds (All Twitter links). The Heat have had Morrow on their radar for quite some time, Skolnick tweets.

Magic Waive Ronnie Price

July 2nd, 2014 at 3:55pm CST by Chuck Myron

The Magic have waived guard Ronnie Price, the team announced via press release. His minimum salary contract was to have gone from non-guaranteed to fully guaranteed had Orlando failed to release him by the end of July 10th, as our schedule of contract guarantee dates shows.

Orlando agreed to a two-year, $9MM deal with Ben Gordon earlier today, crowding a backcourt that includes Victor Oladipo, Evan Fournier, Willie Green and rookie Elfrid Payton. The team also acquired swingman Devyn Marble, the No. 56 pick in Thursday’s draft.

Price was little-used last season in Orlando, appearing in only 31 games and averaging 2.4 points in 12.2 minutes per contest. Agent Mike Higgins will now help the 31-year-old look for a deal in unrestricted free agency.