With all kinds of new harsh taxes and roster building limitations based on how a team spends its money, salary cap management is becoming ever more important. This isn’t an issue for the Orlando Magic yet, as they’re largely stocked with young guys still on cheap deals that are preset.
But there are important decisions in the not-so-distant future that will determine where the Magic end up going. Orlando is following the Oklahoma City model for now, but one would hope that the exact model isn’t followed by the time the Magic have four potential stars.
The most pressing question is that of Hedo Turkoglu. His $12 million contract is partially guaranteed, so if the Magic waive him, they’ll still owe him half of that. The Magic would rather not pay that whole $6 million dollars though, so a buyout is looking like the most likely outcome. This is nearly the same as waiving Turkoglu, but the Magic will pay some amount less than six million dollars to him, depending on how negotiations between Turkoglu and the Magic go.
Theoretically, the Magic could waive Kyle O’Quinn between now and opening night and not owe him a thing. There’s absolutely no motive for the Magic to do that though, as O’Quinn has looked like a solid player thus far and is on a very affordable deal.
Question marks in 2014-15 are Jameer Nelson, Jason Maxiell, Ronnie Price, and Doron Lamb. Maxiell’s and Price’s deals are fully un-guaranteed if they are waived before July 10th. Neither of these veterans are part of the Magic’s long-term plans and either being waived wouldn’t be a huge surprise. Nelson is a bit more interesting, because of the possibility of a trade. I doubt he gets waived, (which would still leave the Magic paying him two million dollars) unless he drops off a cliff, because of the market for solid veterans on expiring deals. Lamb is still young, but all evidence points to him not being a legitimate NBA player, so being waived is a serious possibility.