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Otis Smith and Stan Van Gundy Receive Contract Extensions

July 27, 2010 at 7:11 pm Leave a comment Go to comments

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Via Brian Schmitz of the Orlando Sentinel:

The Orlando Magic will put their title hopes into the hands of coach Stan Van Gundy and General Manager Otis Smith for a while longer.

The Sentinel has learned that the Magic will announce Wednesday that Van Gundy and Smith have had their contracts extended through the 2012-13 season.

While technically the general manager, Smith has a new title: president of basketball operations.

The club also has promoted Chief Operating Officer Alex Martins to team president and his contract runs through 2012-13.

Bob Vander Weide, who held the title of club president and is the son-in-law of owner Rich DeVos, is now the chief executive officer and vice chairman of the franchise.

Well-deserved extensions and promotions.

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Great job. Stan and Otis have earned this. They've both done a great job.

@Billy (slickw143)

Heh.

Good. More stability in the front office.

Oh wait, I thought Stan's job was in jeopardy?!?!