Orlando Magic Rumors: Rashard Lewis Unlikely to Re-Sign with Magic after New Orleans Hornets Waive Him, According to Report

The New Orleans Hornets acquired former Orlando Magic forward Rashard Lewis from the Washington Wizards on Wednesday in exchange for Emeka Okafor and Trevor Ariza, but Lewis is unlikely to re-sign with Orlando once the Hornets waive him, says Steve Kyler of HOOPSWORLD. The Los Angeles Lakers and Lewis' hometown Houston Rockets are more likely suitors for the 14-year veteran, Kyler says. Alex Kennedy, Kyler's HOOPSWORLD colleague, says Lewis will look to sign with a championship contender.

Lewis has one year remaining on the free-agent contract he signed with Orlando in 2007, but it is not fully guaranteed. New Orleans will waive him prior to July 1st, guaranteeing Lewis $13.9 million and enabling him to become a free agent.

In three-plus seasons with the Magic, Lewis earned one All-Star berth and averaged 16.3 points per game, shooting 44.2 percent from the field and 39.9 percent from three-point range.

Orlando traded Lewis to Washington for scoring guard Gilbert Arenas in December 2010. In his two seasons as a Wizard, Lewis posted per-game averages of 9.7 points and 4.9 boards on 42 percent shooting from the field and 30.9 percent from deep.

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