Report: Magic plan to give GM Rob Hennigan a contract extension

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The Magic’s rebuilding effort has been ongoing since they traded Dwight Howard to the Lakers in August of 2012. It’s still very much a work in progress, but it looks like GM Rob Hennigan is going to be given the opportunity to finish what he started, according to a new report from the Orlando Sentinel‘s Josh Robbins:

The Orlando Magic soon will seek to extend general manager Rob Hennigan’s contract beyond the 2015-16 season, an industry source with knowledge of the team’s plans told the Orlando Sentinel.

The DeVos family and CEO Alex Martins are pleased with the job Hennigan has done since Hennigan was hired in June 2012.

Martins, who would not comment for this article, likes to maintain continuity in key leadership positions. Martins also believes it’s dangerous to have a key executive work in the final season of a contract because uncertainty about job status can prompt an executive to make risky decisions for short-term gains.

It’s tough to evaluate the job Hennigan has done at this point, because the rebuild is only just getting out of its first stage after three seasons. He was thrown into the deep end right after taking the job but did very well in the Howard deal, avoiding the temptation to take on Andrew Bynum’s contract and netting several picks and Nikola Vucevic, who has become a cornerstone of their new core.

Hennigan has largely drafted well — Victor Oladipo is blossoming in his second season, and Elfrid Payton is a Rookie of the Year candidate. Kyle O’Quinn, a second-round pick in 2012, has grown into a solid rotation-caliber big man. He’s been successful in finding undervalued talent in trades: Vucevic was a throw-in in the Howard deal, and he landed Tobias Harris for J.J. Redick’s expiring contract in 2013.

Hennigan’s track record in free agency has been a little more of a mixed bag. The four-year, $32 million contract he gave Channing Frye this summer never made much sense, given his age in comparison to the rest of the roster, not to mention that the Magic don’t have the system or complimentary players to make Frye as successful as he was in Phoenix. Hennigan also let Ryan Anderson walk in free agency in 2012, even though his four-year, $36 million contract with the Pelicans would not have crippled their salary-cap flexibility by any means.

The Magic need two things to take their rebuild to the next level: a new coach (the Jacque Vaughn hire made sense at the time, but the team didn’t progress under him and he was ultimately fired earlier this season) and a true star. They have several outstanding secondary pieces: Payton, Oladipo and Vucevic. That’s not a championship core in and of itself, but if that’s your surrounding cast for one of the top players in the upcoming draft, you have the start of something very promising.

On the whole, Hennigan has done a good job with the Magic and deserves to be able to see the rebuild through. And it sounds like the Magic are going to give him that chance.