Orlando has agreed to a one-year, $7 million deal with free agent guard Tyus Jones, a league source told the Orlando Sentinel. July 6 is when teams can formally sign free agents, starting at noon ET.

Magic President of Basketball Operations Jeff Weltman (left) has officially signed new draft picks Noah Penda (2nd from left) and Jase Richardson to contracts for Jamahl Mosley (far right) to coach.

Where do the Magic stand financially after the draft? Orlando’s total projected salary for the 2025-26 season currently sits at $190,402,741 with 12 players under contract, according to Spotrac.com.

Final Thoughts The Orlando Magic didn’t land a marquee free agent this summer, but that’s okay. Their current roster is balanced, deep and anchored by three budding stars who continue to grow.

View post: Phillies Named Top Team in Potential Trade for Athletics All-Star Closer Just when NBA fans thought the Orlando Magic might take it easy on the holiday, the franchise dropped some ...

The Orlando Magic's front office made another decision in its free agency saga on Sunday by declining the team options of center Moe Wagner and guard Caleb Houstan. Wagner's option is worth $11 ...

The Magic inquired about Jones’ availability before the 2023-24 season’s trade deadline when Jones played for the Washington Wizards on an expiring contract, league sources told The Athletic ...