Orlando Magic Rumors | Hoops Rumors

Magic Sign Kevon Harris To Two-Way Contract

July 25th, 2022 at 1:26pm CST by Luke Adams

1:26pm: Harris’ two-way contract with the Magic is now official, the team confirmed in a press release.

10:15am: The Magic have reached an agreement with free agent guard Kevon Harris and will sign him to a two-way contract, according to Shams Charania of The Athletic (Twitter link).

Harris, 25, went undrafted out of Stephen F. Austin in 2020 and has spent some time in the G League and overseas since then, playing for the Raptors 905 in the NBAGL and KK Zadar in Croatia.

Harris emerged as a full-time starter for Toronto’s G League affiliate in 2021/22, averaging 15.1 PPG, 5.8 RPG, and 3.5 APG on .473/.343/.740 shooting in 24 regular season appearances (30.2 MPG). He played for the Timberwolves’ Summer League team in Las Vegas earlier this month and made a strong impression, putting up 15.8 PPG on .577/.458/.727 shooting in five games (27.1 MPG).

Once they officially complete Harris’ deal, the Magic will have filled both of their two-way contract slots. The team re-signed Admiral Schofield to a two-way contract last week.

Orlando will have 18 players under contract after signing Harris — 15 on guaranteed standard contracts, one (Devin Cannady) on a non-guaranteed deal, and Schofield and Harris on two-way pacts.

Terrence Ross Optimistic About Magic's Roster, Future

July 24th, 2022 at 8:13pm CST by JD Shaw

Magic guard Terrence Ross is enthusiastic about the team’s roster entering next season, as relayed by Khobi Price of the Orlando Sentinel (video link). While Ross doesn’t know what his future holds with the franchise, it’s clear he thinks highly of Orlando’s young nucleus, which includes No. 1 pick Paolo Banchero.

Magic Re-Sign Admiral Schofield To Two-Way Deal

July 22nd, 2022 at 8:24pm CST by Rory Maher

The Magic have re-signed Admiral Schofield to a two-way contract, the team announced (via Twitter).

Khobi Price of The Orlando Sentinel was the first to report that Schofield was sticking with the Magic (Twitter link). The 25-year-old forward was issued a one-year, two-way qualifying offer in June to make him a restricted free agent, so he likely just accepted that QO.

The 42nd pick of the 2019 draft, Schofield spent his rookie season with the Wizards, appearing in 33 games (11.2 MPG) with modest averages of 3.0 PPG and 1.4 RPG. He was traded to the Thunder in the 2020 offseason and subsequently waived.

Schofield signed an Exhibit 10 deal with the Magic last year, was waived before the season started, and spent the first few months of 2021/22 with Orlando’s affiliate in Lakeland before signing a couple of 10-day hardship deals during the winter COVID-19 outbreak.

He performed well enough to be promoted to a two-way contract in January, which he remained on until the end of the season. In 38 games (12.3 MPG) with the Magic last season, he averaged 3.8 PPG and 2.3 RPG on .419/.329/.800 shooting.

The Magic now have one of their two-way slots filled, but the second remains open.

Thunder, Rockets Among Teams Facing Roster Crunch

July 20th, 2022 at 1:50pm CST by Luke Adams

We’re approximately three months away from the deadline for NBA teams to finalize their rosters for the 2022/23 regular season, so there’s no urgency for those clubs to get their 15-man squads in order anytime soon.

Still, there are already a small handful of teams that are carrying more than 15 players on guaranteed contracts for ’22/23. Sooner or later, those teams will have to trade or release one or more of those players in order to get down to the regular season limit.

[RELATED: 2022/23 NBA Roster Counts]

Here’s an early look at the teams that will have some decisions to make:

Teams with more than 15 guaranteed contracts:

Oklahoma City Thunder

17 guaranteed contracts
1 partially guaranteed contract

The Thunder will technically dip to 16 players on fully guaranteed contracts once JaMychal Green‘s reported buyout is completed, but that number will climb back to 17 once Mike Muscala officially re-signs with the team.

There are a number of directions Oklahoma City could go with its final roster spots, but at least three players (besides Green) will have to be traded or released. The best candidates appear to be Derrick Favors, Ty Jerome, Theo Maledon, Darius Bazley, and Vit Krejci (who has the lone partially guaranteed contract).

None of those five players is owed guaranteed money beyond this season — Favors, Jerome, and Bazley are on expiring contracts, while Maledon and Krejci have non-guaranteed salaries beyond 2022/23.

By reaching a buyout agreement with Green, the Thunder signaled they’re not necessarily prioritizing keeping bigger expiring deals around for potential trades later in the offseason or during the season, so Favors ($10.2MM), Bazley ($4.3MM), and Jerome ($4.2MM) certainly aren’t locks to make it to opening night.

Houston Rockets

18 guaranteed contracts

The Rockets’ roster surplus is largely a result of the four-for-one trade they made with Dallas for Christian Wood. Sterling Brown, Trey Burke, Marquese Chriss, and Boban Marjanovic came to Houston in that deal, but reports have suggested that at least two or three of those players probably won’t be on the team’s opening night roster.

Marjanovic is said to be the most likely of the four to remain in Houston. Trading or waiving the other three would get the Rockets down to the 15-man regular season limit.

The club could also explore other moves to pare down its roster count. Eric Gordon and Kenyon Martin Jr. are among the players who have frequently been mentioned as potential trade candidates.

Teams with more than 15 players on standard contracts:

Note: Exhibit 10 deals aren’t considered standard contracts for the purpose of this section.

Memphis Grizzlies

15 guaranteed contracts
1 partially guaranteed contract

Danny Green looks like the probable odd man out in Memphis. His $10MM salary is only partially guaranteed (for $6.96MM) and he’ll likely miss most or all of the 2022/23 season while he recovers from a torn ACL.

Still, I wouldn’t consider that a lock quite yet. Green could be a valuable piece in the postseason if he has recovered by then — and if his recovery does take longer than he anticipates, his $10MM expiring contract could still be a useful asset at the 2023 deadline. Perhaps the Grizzlies will find a small deal involving a player like Santi Aldama, Killian Tillie, or Xavier Tillman before the season begins in order to make room on the 15-man squad for Green.

Toronto Raptors

12 guaranteed contracts
4 partially guaranteed contracts
1 unsigned second-round pick

While second-round picks are often signed to two-way contracts or stashed overseas, that rarely happens for a player selected as high as Christian Koloko was (No. 33). Those players usually receive at least a couple guaranteed seasons, and I’d expect the Raptors to take that route with Koloko.

If they do, that would leave four players on partially guaranteed contracts – Justin Champagnie, Dalano Banton, Armoni Brooks, and D.J. Wilson – vying for the final two roster spots. If the Raptors want to keep more than one of those players, or if they’d like to promote two-way RFA David Johnson to the 15-man roster, Svi Mykhailiuk could be a release candidate, despite having a guaranteed minimum salary.

Philadelphia 76ers

12 guaranteed contracts (once James Harden re-signs)
2 partially guaranteed contracts
2 non-guaranteed contracts

The Sixers don’t have a major crunch, but after Harden re-signs, there will only be three roster spots available for four players without full guarantees.

One of those players is Trevelin Queen, who has a $330K partial guarantee and was just signed this offseason. Those factors will likely give him a leg up on a 15-man roster spot. Charles Bassey also has a small partial guarantee (about $75K), while Isaiah Joe and Paul Reed are on non-guaranteed contracts.

In order to keep all four players, the Sixers would have to make a trade or a cut to reduce their roster count. Tobias Harris, Matisse Thybulle, Furkan Korkmaz, and Shake Milton are among the players who have been mentioned in trade rumors this offseason.

Cleveland Cavaliers

13 guaranteed contracts
2 non-guaranteed contracts
1 RFA

At this point in the offseason, restricted free agent guard Collin Sexton looks like a solid bet to end up back in Cleveland. If he returns to the Cavaliers, they’ll have 14 players on guaranteed contracts, plus Dean Wade and Lamar Stevens on non-guaranteed deals.

If the Cavs want to keep both Wade and Stevens, Dylan Windler could be the odd man out. He’s on an expiring contract and has struggled to find a place in the rotation while battling injuries in his first three NBA seasons.

Detroit Pistons

15 guaranteed contracts
1 signing to come

The Pistons have yet to formally sign Kevin Knox — they’re likely waiting to determine if and how they’ll use their cap room, since Knox’s reported two-year, $6MM deal could fit into their room exception if it has to.

Knox would be Detroit’s 16th player on a guaranteed contract, but the fix looks pretty simple. Kemba Walker‘s reported buyout agreement with the Pistons isn’t yet official. Once Walker is bought out and Knox signs, the team will be back at 15 guaranteed contracts.

Orlando Magic

15 guaranteed contracts
1 non-guaranteed contract

Barring a surprise, Devin Cannady – the only player without a guaranteed contract – will likely be the casualty of Orlando’s roster crunch.

Community Shootaround: Eastern Conference Playoffs

July 19th, 2022 at 9:15pm CST by Dana Gauruder

The play-in tournament, which has been adopted as an every-season fixture, means that only 10 of 30 NBA teams won’t get at least a taste of the postseason from year to year.

Last season, the Knicks, Wizards, Pacers, Pistons and Magic were the five Eastern Conference teams who failed to qualify.

All of those teams, via some combination of the draft, free agency and trades, have made numerous roster moves this summer in an effort to improve their stock.

Let’s take a quick look at each of those clubs’ major moves, focusing on acquisitions beyond re-signing their own free agents:

Knicks – They made a big splash by dumping salary in order to sign one of the top free agents on the board, Mavs guard Jalen Brunson. They also upgraded their frontcourt by nabbing Isaiah Hartenstein in free agency. Of course, they are considered the favorites to acquire Donovan Mitchell if Utah deals the All-Star guard.
Wizards – They were intent on upgrading their point guard position and did so by trading for Monte Morris from Denver and signing free agent Delon Wright. Small forward Will Barton was also acquired from the Nuggets. They also added high-scoring guard Johnny Davis with their lottery pick.
Pacers – The went all-out to sign All-Star caliber center Deandre Ayton and came up short, as the Suns matched their offer sheet. They did add a very promising wing, Bennedict Mathurin, in the lottery. They also added guard Andrew Nembhard with the first pick of the second round. Guard Aaron Nesmith and center Daniel Theis were acquired in the trade that sent Malcolm Brogdon to Boston.
Pistons – Thanks to a draft-night swap, Detroit ended up with two lottery selections. The Pistons selected point guard Jaden Ivey with their own pick to pair up in the backcourt with last year’s No. 1 overall selection, Cade Cunningham. A three-way trade gave them the rights to center Jalen Duren. They also added guard Alec Burks and big man Nerlens Noel via the Knicks’ salary-dumping maneuvers.
Magic – Other then re-signing Mohamed Bamba and Gary Harris, the Magic have been relatively quiet on the free agent market. However, they had the No. 1 overall selection in a loaded lottery and used it on Duke forward Paolo Banchero, giving them a dynamic forward combo alongside last year’s lottery pick, Franz Wagner.

That brings us to our question of the day: Which Eastern Conference team that failed to reach the postseason this spring – Knicks, Wizards, Pacers, Pistons, Magic – has the best chance to qualify for next year’s playoffs?

Please take to the comments section to weigh in on this topic. We look forward to your input.

Magic To Continue Looking Forward After Poor Summer League Finish

July 17th, 2022 at 5:28pm CST by JD Shaw

The Magic finished summer league with three straight losses, but plan to keep looking forward, Terry Gilliam Jr. of the Orlando Sentinel writes. Orlando has a young core of Franz Wagner, Cole Anthony, Jalen Suggs, No. 1 pick Paolo Banchero, Wendell Carter Jr. and others to continue developing. The team finished with the NBA’s second-worst record at 22-60 last season.

Paolo Banchero Talks About Draft Night Surprise

July 16th, 2022 at 8:23pm CST by Arthur Hill

Chris Haynes of Yahoo Sports takes an inside look at the Magic’s draft night surprise, which even caught No. 1 pick Paolo Banchero off guard. Banchero said he met with Orlando officials at the draft combine, but throughout most of the process he expected to fall to the Rockets with the third pick. “All the reports were that they weren’t really considering me,” he said. “And then they made it clear before the draft that none of those reports were true and that they were very much interested in me. And so that’s when I kind of knew that it might not be Houston.”

Contract Details: Kornet, Wall, Jokic, Garland, Reed, More

July 13th, 2022 at 12:51pm CST by Luke Adams

Luke Kornet‘s new two-year, minimum-salary contract with the Celtics includes multiple salary guarantee dates this year, Hoops Rumors has learned.

Currently, Kornet’s $2.13MM salary for 2022/23 is only partially guaranteed for $100K, but that guarantee would increase to $300K if the big man remains under contract through August 15. If Kornet makes Boston’s regular season roster, half of his salary (approximately $1.07MM) would become guaranteed.

Kornet’s deal with the Celtics doesn’t include any guarantee triggers beyond that, so his ’22/23 salary would become fully guaranteed after the league-wide salary guarantee deadline in January. His ’23/24 salary is non-guaranteed and would become fully guaranteed if he remains under contract through January 7, 2024.

Here are a few more details on newly signed contracts:

The second year of John Wall‘s two-year deal with the Clippers is a team option, Hoops Rumors has learned. Los Angeles used its full $6,479,000 taxpayer mid-level exception to sign Wall.
Nikola Jokic‘s super-max extension with the Nuggets and Darius Garland‘s new maximum-salary extension with the Cavaliers both feature 15% trade kickers.
Davon Reed‘s two-year, minimum-salary contract with the Nuggets is fully guaranteed in year one and non-guaranteed in year two. Reed’s second-year salary will become fully guaranteed if he’s not waived by July 8, 2023.
The Magic used a portion of their mid-level exception to sign second-round pick Caleb Houstan to a four-year contract that includes guaranteed $2MM salaries in each of the first two seasons. The third and fourth years are worth the minimum and are non-guaranteed — there’s also a team option on the fourth year.
As expected, the Lakers signed second-rounder Max Christie to a two-year, minimum-salary contract. That deal will be fully guaranteed, Hoops Rumors has learned. L.A. couldn’t offer Christie more than two years or more than the rookie minimum after using the full taxpayer mid-level exception on Lonnie Walker.
Michael Foster Jr.‘s deal with the Sixers is an Exhibit 10 contract, meaning the team has the option of converting it into a two-way contract before the season.

Paolo Banchero Is Focused On Turning The Magic Into Winners

July 12th, 2022 at 12:00pm CST by Arthur Hill

After two strong showings, Magic forward Paolo Banchero will be shut down for the rest of Summer League, according to ESPN. The No. 1 pick averaged 20.0 points, 6.0 rebounds and 5.0 assists, leading Orlando to a pair of victories. In an interview with ESPN (video link), Banchero said his goal for his rookie season is to “affect the Magic in a winning way.”

Magic Sign Second-Rounder Caleb Houstan

July 10th, 2022 at 9:42pm CST by Rory Maher

The Magic have signed wing Caleb Houstan, the 32nd pick of last month’s draft, the team announced (via Twitter).

Houstan, 19, was a five-star recruit out of high school and a projected lottery pick entering college. However, he struggled a bit in his lone season with Michigan, averaging 10.1 PPG, 4 RPG and 1.4 APG on .384/.355/.783 shooting in 34 games (32 MPG), causing his draft stock to slide.

In an unusual move, Houstan was one of the only players to decline an invitation to this year’s draft combine, leading to speculation that he might have received a first-round promise. He wound up being the second pick of the second round instead.

The terms of Houstan’s deal were not disclosed, but if the Magic wanted to sign him to a three- or four-year deal, they would have to use part of their mid-level exception to do so, like the Grizzlies did with Kennedy Chandler and the Thunder did with Jaylin Williams.