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Via Orlando Magic press release:
The Orlando Magic have exercised their fourth-year team option and extended the contracts of general manager Rob Hennigan and head coach Jacque Vaughn, chief executive officer Alex Martins announced today. Both contracts have been extended through the 2015-16 season. Per team policy, terms of the deal are not disclosed.
“Rob (Hennigan) and Jacque (Vaughn) have worked extremely hard in establishing a culture which embodies teamwork, hard work, hunger for success and humility,” said Martins. “With their strategic direction and leadership, we feel we are headed in the right direction, which will allow us to achieve our goals of contending in a long-term, sustainable fashion.”
Hennigan was named general manager of the Magic on June 20, 2012. He is responsible for overseeing all aspects of the team’s basketball operations, including day-to-day business, roster management and development, player acquisitions, salary cap management, analytical systems, and process development throughout the department. Hennigan spent the previous four seasons (2008-12) with Oklahoma City, including his last two seasons as the Thunder’s assistant general manager/player personnel.
Vaughn became the tenth head coach in Orlando Magic history on July 27, 2012. He is the second-youngest head coach in the NBA. Prior to joining the Magic, Vaughn spent two seasons (2010-12) as an assistant coach with the San Antonio Spurs. He played 12 years in the NBA from 1997-2009, including 80 games with Orlando in 2002-03. Vaughn was a member of the San Antonio Spurs 2006-07 NBA Championship team.