Orlando Magic rumor: Tobias Harris unlikely to sign extension, according to report

The Orlando Magic's season tips off Tuesday with fourth-year forward Tobias Harris having yet to sign a contract extension. The deadline for first-round 2011 NBA Draft picks to sign early extensions looms Friday, and as Steve Kyler of Basketball Insiders reports, Harris is unlikely to do so, despite the fact that "he’d like to remain in Orlando."

According to Kyler, Harris' representation "sees him as an elite level scorer that has star potential and wants him paid accordingly," whereas Orlando would prefer to take a wait-and-see approach. Talks between the two sides "are said to be continuing" as the deadline draws nearer.

ESPN's Chris Broussard reported Friday that Harris would not sign an extension; for his part, Kyler is a bit more optimistic, giving the two sides a 30 percent chance of coming to an agreement.

In one-plus seasons with the Magic, Harris has averaged 15.5 points, 7.4 rebounds, and 1.6 assists per game on 46 percent shooting.

The Magic have already locked up one major part of their core in advance of the extension deadline: they inked Nik Vučević to a four-year extension worth a reported $53 million on Thursday, keeping him under team control through the 2018/19 season.