NBA Draft 2013: Romero Osby nearing Magic contract deadline

Romero Osby and Jacque Vaughn - USA TODAY Sports

The Magic's second-round pick will become a free agent unless Orlando offers him a contract tender.

The Orlando Magic will soon lose the rights to Romero Osby, their second-round pick from the 2013 NBA Draft, unless they offer him the required tender for second-round picks. According to Larry Coon's NBA Collective Bargaining Agreement FAQ page, this tender "is a one-year contract offer teams must submit to retain their rights to the player." Second-round picks must sign their tenders by September 6th, Coon says, in order to avoid becoming free agents.

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Some 2013 second-rounders, including Atlanta Hawks forward Mike Muscala and Denver Nuggets guard Erick Green, have already signed to play overseas instead of in the NBA for the 2013/14 season. Atlanta and Denver retained the NBA rights to both players.

The Magic picked Osby, 23, with the 51st overall pick in June's Draft. The Oklahoma product led the Sooners with 16 points and seven rebounds per game as a senior, and he went on to average 11 points and 4.4 rebounds per game for the Magic in the Orlando Pro Summer League.

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