- Brian Schmitz of the Orlando Sentinel: “Orlando Magic General Manager Otis Smith told the Orlando Sentinel on Saturday that he “anticipates” to match the offer sheet that Magic shooting guard J.J. Redick received from the Chicago Bulls. According to various reports, the Bulls signed Redick to a three-year, $19 million offer sheet. The Chicago Tribune called it a “front-loaded” offer. As a restricted free agent, the Magic can match any offer for Redick, who has steadily improved since the Magic selected him 11th overall in the 2006 draft.”
- The futures of Daniel Orton and Stanley Robinson have yet to be written.
- More from Schmitz: “The state rivalry is expected to get by on just the basketball now: LeBron James, Dwyane Wade and Chris Bosh of the Heat against Dwight “Superman” Howard and the Magic. Oddly, Orlando vs. Miami really never turned into a blood feud since their first meeting in 1989. The teams rarely have been good at the same time. Rivalries are formed in the bump-and-grind of the postseason, but the Magic and Heat have met only once for a playoff series — in 1997. (Heat won 3-2. Boooooo!) [...] The Heat lead the all-time regular-season series 43-40. The Magic had been on the uptick before the teams split the four-game series last season, winning 12 of 13 games in a stretch from 1996.”
- Josh Robbins of the Orlando Sentinel: “Orlando Magic General Manager Otis Smith did not tune in to watch LeBron James make his grand announcement. Neither did Magic coach Stan Van Gundy. Both of them thought all along that James would re-sign with the Cleveland Cavaliers. James definitely has their attention now. James’ move to the Miami Heat dominated talk Friday at the final day of the AirTran Airways Pro Summer League at RDV Sportsplex. Reporters peppered NBA officials with questions about the new-look Heat, and while the answers differed, one overarching theme emerged. Everyone indicated that the superstar troika of James, Dwyane Wade and Chris Bosh will be fascinating to watch.”
- According to Dime Magazine, the East is a beast.
- Tom Ziller of NBA FanHouse: “J.J. Redick, the Duke product lottery pick who broke out in Orlando over the last two seasons, signed an offer sheet with the Chicago Bulls Friday. The offer is worth $19 million over three years, and is said to be frontloaded, which would put the cash output in 2010-11 at roughly $8.5 million. (The cap impact would be just $6 million.) It’d take a small miracle (or at least a couple painful trades) for the Magic to get under the luxury tax threshold next season. As such, matching the Redick offer would end up adding $6 million onto the team’s tax bill, in addition to the $8.5 million paid in salary to the guard.”
- Ben Q. Rock of Orlando Pinstriped Post asserts the Orlando Magic have to match the $19 million offer sheet given to J.J. Redick by the Chicago Bulls: “The market has decided to pay him an average annual salary of $6.33 million, which is rich–above the mid-level exception–but not too rich, and Smith’s only choice here is to match. Orlando has just $2.515 million of the mid-level exception remaining after signing point guard Chris Duhon earlier this week, which won’t be nearly enough money to entice an equivalent player to Redick. Orlando has the opportunity to lock Redick up for three years at a fairly reasonable price, and would be foolish to turn that opportunity down. Though wing players are inexpensive by NBA standards–the hardest positions to fill are center and power forward–Redick’s shooting stroke makes him unique. In fact, he was the most efficient offensive player in the entire league last season. And without Redick in the fold, Orlando’s only wing players under contract will be Vince Carter and Mickael Pietrus.”