Orlando Magic extend contracts of Rob Hennigan and Jacque Vaughn

The Orlando Magic secured the futures of general manager Rob Hennigan and head coach Jacque Vaughn on Friday when they announced contract extensions for both of them. The extension run through the 2015/16 season.

In a written statement announcing the news, team CEO Alex Martins praised the work Hennigan and Vaughn have done since the team brought them aboard in 2012.

"Rob and Jacque have worked extremely hard in establishing a culture which embodies teamwork, hard work, hunger for success and humility," Martins said in the release. "With their strategic direction and leadership, we feel we are headed in the right direction, which will allow us to achieve our goals of contending in a long-term, sustainable fashion."

Since Hennigan and Vaughn joined the team, Orlando has compiled a 43-121 (.262) record, the league's worst by a 10-game margin. However, wins and losses don't accurately measure the progress Hennigan and Vaughn have helped the team make. The organization's decision to affirm its respective commitments to both men signals confidence in their ability to work well together even as expectations for the team increase.