Orlando Magic Salary and Contract Information
by Evan Dunlap on May 17, 2008 4:25 PM EDT
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PrintThis post outlines some numbers and facts to consider before the start of free-agency. Teams can begin negotiating with players on July 1st but cannot sign anyone until July 11th. I obtained all the player salary data in this post from HoopsHype.com. I obtained the salary-cap and exception estimations from DraftExpress (via Canis Hoopus)
The Magic have seven players with guaranteed contracts for the 2008/09 season. They will also have the 22nd overall pick in the upcoming draft, and thus will have eight players under contract when free-agency begins July 1st. As shown below, these eight players will earn a total of $55.23 million.
| Guaranteed Contracts | |||||
|---|---|---|---|---|---|
| Pos. | Player | Age1 | Salary2 | Contract Expires | Notes |
| PF | Tony Battie | 32 | $ 05.75 M | 2009/10 | . |
| PF | Brian Cook | 27 | $ 03.50 M | 2009/10 | Player option after 2008/09 |
| C | Dwight Howard | 22 | $ 13.04 M | 2012/13 | Player option after 2011/12 |
| SF | Rashard Lewis | 28 | $ 17.24 M | 2012/13 | . |
| PG | Jameer Nelson | 26 | $ 05.56 M | 2012/13 | Player option after 2011/12 |
| SG | J.J Redick | 24 | $ 02.14 M | 2010/11 | Team option after 2008/09 |
| SF | Hedo Turkoglu | 29 | $ 06.86 M | 2009/10 | Player option after 2008/09 |
| ?? | Draft pick (22nd overall) | ?? | $ 01.14 M3 | 2012/13 | Team option after 2010/11 |
| TOTAL | $ 55.23 M | . | |||
They also have three players who could return depending on their contract options. Keith Bogans and Adonal Foyle own player options, and the team has an option on Marcin Gortat. All three players are expected to return; Bogans and Foyle likely will not find better offers, and the team appears to think highly of Gortat, as he earned the backup center role in the playoffs. If all three players return, the Magic will owe them a combined $4.88 million, as this table shows.
| Non-Guaranteed Contracts | |||||
|---|---|---|---|---|---|
| Pos. | Player | Age | Salary | Contract Expires | Notes |
| SG | Keith Bogans | 28 | $ 02.91 M | 2008/09 | Player option this summer |
| C | Adonal Foyle | 33 | $ 01.26 M | 2008/09 | Player option this summer |
| C | Marcin Gortat | 24 | $ 00.71 M | 2008/09 | Team option this summer |
| TOTAL | $ 04.88 M | . | |||
The Magic will owe these eleven players a total of $60.11 million, which is above the estimated salary cap ($58.50 million). Because the team will be over the cap, they will have the right to use the mid-level exception (estimated at $5.55 million). Additionally, the Magic will have the right to use the bi-annual exception (estimated at $1.91 million) because they did not use it last year. These exceptions give the Magic an extra $7.46 million with which to fill their roster. Please see this section of Larry Coon's invaluable NBA Salary Cap FAQ for more information on these exceptions.
So, if all eleven players return (as we suspect they will) and if the team uses both exceptions, the Magic will owe $67.57 million to their players. That figure is below the estimated luxury-tax threshold ($71 million).
We expect their first priority will be re-signing Keyon Dooling, who earned $3.5 million last season and will likely seek a raise based on his strong play, as he became the Magic's top reserve with his defensive and shot-creating skills. Maurice Evans and Carlos Arroyo might return, but Evans will look to triple his salary (he earned $1.5 million last season) and Arroyo would have to accept a heavy paycut ($4.0 million last season). We don't expect either of them to return, nor do we expect the team to offer contracts to little-used power forwards James Augustine or Pat Garrity. As such, we've left them out of the table below.
| Own Free Agents | |||||
|---|---|---|---|---|---|
| Pos. | Player | Age | Est. Value | Value Comparison | |
| PG | Carlos Arroyo | 28 | $ 02.00 M | Travis Diener | |
| PG | Keyon Dooling | 28 | $ 05.00 M | Derek Fisher | |
| SG | Maurice Evans | 29 | $ 04.50 M | Anthony Parker | |
| TOTAL | $ 11.50 M | . | |||
Yes, the Magic have plenty of choices to make this offseason, but none of them as significant (or as franchise-defining) as the ones they made last summer, namely signing Rashard Lewis and extending Dwight Howard's contract. However, these smaller transactions may turn out to be more significant, as the team appears to be only a player or two away from seriously contending for the NBA title.
NOTES:
- 1: As of July 1, 2008
- 2: 2008/09 season
- 3: Estimated
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Nice
It looks like the Magic could get precariously close to that hated luxury tax. Dooling for 5 mil is .5 mil to much. I wonder if he is even worth it? I would rather have Evans for 4.5 than Dooling for 5, that is for sure. Heck, at equal value I’d still choose Evans. But really, that may be too much for either of them. So, thinking out loud, our roster will most likely look like this;
?Rookie?
Nelson,
Bogans, Redick
Hedo
Lewis, Battie, Cook
Howard, Gortat, Foyle
4 holes to fill and our free agents a lil too pricey. So only one from that batch, at best. That means three more with the MLE (JR Smith anyone), the BAE (How about Gerald Green) and then maybe the LLE on Jason Williams? Or buy a 2cd round pick. I like that idea even better. Best yet though would be bringing Fran over. Can you do something about that?
'Coach, Dwight is a nice guy. Dwight don't hit anybody. But Superman will knock the crap out of you.' - D12
I disagree with you on Dooling/Evans, if only because Dooling is our best perimeter defender. Also, he plays the point well. Evans is nice, and I’d rather have him than Bogans, but because Bogans is coming back - you don’t think he’s as… misguided… as DeShawn Stevenson was two years ago, do you? - Evans is redundant. And we need an upgrade at the two anyway. Don’t get me wrong, I’d love to keep both Keyon and Maurice. But if it came down to the two of them, I’d take Keyon.
We can at least agree that there’s no need to keep Carlos, right? Love the socks, though.
Almost forgot
If Arroyo and Williams have similar asking prices (and they’re reasonable), keep Carlos.
About Dooling
5 mil is just soooo much though, don’t ya think? Maybe we should just let all three walk. How big a loss do you think not having Dooling would be?
As for Arroyo, yea, I guess that ship has sailed. For 2 mil, like you mentioned in your excellent post, I would hope we’d snatch him up. For more than that? Neep.
'Coach, Dwight is a nice guy. Dwight don't hit anybody. But Superman will knock the crap out of you.' - D12
by Eyriq the Red on May 17, 2008 9:24 PM EDT up reply actions
How big a loss do you think not having Dooling would be?
Well, I mean, depending on the draft and the rotation, it’d mean Keith Bogans (or, if Keith starts, Brian Cook) would be the Magic’s best offensive player off the bench. And maybe we could nab somebody in free agency, but I’d just as soon keep Keyon (even at $5 million) and work on strengthening the 2 and 4 positions.
Apropos of nothing, don’t you think it’s weird that Tony Battie will be our 4th-highest paid player next season? If we trade Hedo, he’s the throw-in.
Redick
I’d rather have Redick in the rotation with a 2 acquired with the MLE ahead of him. Bogans could be situational if he insists on sticking around. Backup point guard does not necessarily have to demand a lot of playing time or money. I actually think it is high time that Nelson played full starter minutes, I think he showed he deserved them with his stellar post season play. Or maybe we could use the BAE (not sure if that is the appropriate abbreviation, but hopefully you follow) on Duhon? I wonder what his price range will be.
About Battie, I liked the Kirilenko trade idea with Battie and Hedo going to Utah. We get a first, maybe even a 2cd, and then lots of problems are solved in one fell swoop.
'Coach, Dwight is a nice guy. Dwight don't hit anybody. But Superman will knock the crap out of you.' - D12
by Eyriq the Red on May 17, 2008 10:08 PM EDT up reply actions
List/Dooling and Evans.
Great job putting the list together; it puts everything together nicely. I didn’t think we would be around 60 mil w/ the contracts being picked up. I’ve thought of a bunch of scenarios w/ FAs and the draft but my latest is Sasha Vujacic from the Lakers as the starting 2 and Roger Mason as the backup PG. With just about 7-8 mill left for spending, I think we can sign 2 FAs and thats it.
Dooling
... isn’t going to re-sign for $5 Mill. Not happening … it’ll probably be around $4-4.5 … at most.
Let Arroyo and Evans go. I love Evans but we don’t need him …
Bogans will execute his option so we just need to find another guard via Draft or FA.
If Otis Smith plays his cards right, we can get Maggette without having to give up any valuable assets. But again, that’s IF Smith plays his cards right. That’s no guarantee.
Freelance Writer for the Chicago Tribune
Class of 2009 - DePaul University
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