Orlando Magic v Dallas Mavericks

Orlando Magic waive Hedo Turkoglu


UPDATE 6:09 pm: And it’s official, the Orlando Magic have waived Hedo Turkoglu.

No team is going to claim him off waivers and pick up the $6 million he is owed. It is possible he gets a minimum deal, more likely he gets a 10 day contract soon.

4:04 pm: So much for trying to find a trade partner.

Hedo Turkoglu has basically the same contract as Andrew Bynum — he was due $12 million this season but if he is waived by Jan. 7 he was only owed $6 million of that. As Cleveland had done with Bynum, Orlando kept Turkoglu around as a potential trade chip.

They have thrown in the towel on that reports John Denton at the Orlando Magic’s official Web site.

Turkoglu likely could get a healthy contract for a powerhouse team back in his native Turkey, but that’s not the plan according to those on the ground in Turkey.

Turkoglu was a valuable stretch four, one who could handle the ball (him on the pick-and-roll was key to Orlando’s 2009 NBA Finals run). However, in recent years his shot hasn’t fallen and his entire game has shown age — he hasn’t played in a year and shot just 29 percent in the handful of games he got in.

It is possible a team gives him a 10-day contract when those open up. That said I wouldn’t expect him to be a meaningful part of any NBA team right now.

LeBron James posts photo with Tristan Thompson, sends message to Cavs

2015 NBA Finals - Game Five
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Tristan Thompson is a man without a contract. By not signing the qualifying offer with the Cleveland Cavaliers he put himself in limbo, the rare NBA holdout. Right now his options are to sign the deal on the table (the Cavs still have the five-year, $80 million offer out there), get the Sixers or Blazers to offer him a max contract (which neither team has shown any interest in doing), or hold out and hope the Cavaliers make a better offer. If he holds out for the entire season he becomes a restricted free agent again next summer — exactly like he is right now.

Without signing the qualifying offer and the threat of leaving, Thompson hurt his leverage.

But he has a little leverage. He and his agent Rich Paul had one other card, and it got played Saturday.

Get it done!!!! Straight up. #MissMyBrother @realtristan13

A photo posted by LeBron James (@kingjames) on

LeBron James and Thompson share an agent in Paul. LeBron has largely remained silent through this process but if he wants something in the Cleveland organization, he usually gets it. And he wants Thompson back at practices.

LeBron’s leverage is going to be put to the test. The Cavaliers have let it leak they are not that concerned about LeBron leaving them next summer over this — and they’re right. The damage to LeBron’s brand if he broke the hearts of Cleveland fans again would be crushing, unless he leaves for a very good reason. Overpaying Thompson is not that reason.

However, LeBron’s comment could push the Cavaliers to try to find a compromise.

For the Cavaliers, a lot of how they view all this comes down to their tax bill. The Cavaliers already have $94.9 million in guaranteed salary on the books, putting them $10.2 million over the luxury tax line, at a cost of more than $16.25 million. What this means if (or when) they sign Thompson is his first $10 million in salary would cost them $28.75 million in tax and every dollar above that for the next $5 million costs them $3.75-to-$1. Look at it this way, by my count $14 million this year to Thompson would cost $43.75 million in tax — the total for Thompson at that price is $58 million. While that’s not all on Thompson it’s a lot of cash, and Thompson wants a max deal that starts at more than $16 million a year.

Owner Dan Gilbert is already going to pay the highest tax bill in the NBA this season, but if he balks at those figures it’s hard to blame him.


Hezonja throws down one-handed dunk in preseason debut

Orlando Magic Introduce 2015 NBA Draft Picks
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Mario Hezonja, the No. 5 pick in this year’s draft, has never lacked for confidence. The Croatian guard made his pro debut in the Magic’s preseason game against the Hornets on Saturday and did this:

Between Hezonja, Elfrid Payton, Victor Oladipo and Aaron Gordon, the Magic have a nucleus of young players that has the potential to be a lot of fun. Even if they’re still a few years away from contending, they’re definitely going to be a League Pass favorite this year.