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Orlando Magic - 2024 Offseason Preview

Max Cap Room
$66.6 million
$8.1 million Room Mid-Level Exception

Potential Free Agents

  • Jonathan Isaac ($17.4 million non-guaranteed salary)

  • Markelle Fultz ($25.5 million cap hold, Full Bird Rights, Unrestricted)

  • Gary Harris ($19.5 million cap hold, Full Bird Rights, Unrestricted)

  • Joe Ingles ($11 million team option, Non-Bird Rights, Unrestricted)

  • Moe Wagner ($8 million team option, Full Bird Rights, Unrestricted)

  • Chuma Okeke ($15.8 million cap hold, Full Bird Rights, Restricted)

  • Goga Bitadze ($2.1 million million cap hold, Early Bird Rights, Unrestricted)

  • Caleb Houstan ($2 million non-guaranteed salary)


Summary

The Magic could have a large amount of cap room. However, retaining their own players with non-guaranteed salary or team options or re-signing their own free agents could cut into that space. Therefore, it's also possible that they operate over the cap, and have the the $12.9 million Non-Taxpayer MLE and $4.7 million Bi-Annual Exception to add talent. 

Potential Free Agency Targets
Starting-Level Guards

Complementary veterans

Shooting

Last updated: 6/13/2024

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