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Via Orlando Magic press release:
The Orlando Magic have waived guard Ronnie Price, general manager Rob Hennigan announced today.
Price played in 31 games (two starts) last season with the Magic, averaging 2.4 ppg., 2.1 apg. and 1.4 rpg. in 12.2 mpg. He led (or tied) the team in assists six times, including a career-high 11 assists on Apr. 14 at Chicago.
Originally undrafted by an NBA franchise, Price has appeared in 425 career NBA regular season games (35 starts) with Sacramento, Utah, Phoenix, Portland and Orlando, averaging 3.4 ppg., 1.5 apg. and 1.1 rpg. in 11.7 mpg. He was signed as a free agent by Orlando on Jul. 25, 2013.