Report: Evan Fournier re-signing with Magic on five-year, $85 million contract

AP Photo/Phelan M. Ebenhack
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The Magic’s last few months — dumping Tobias Harris and Channing Frye; trading Victor Oladipo, Domantas Sabonis and Ersan Ilyasova for Serge Ibaka, who’s headed into unrestricted free agency in a year; trading for Jodie Meeks; signing D.J. Augstin — have been confounding, to say the least.

But here’s a move that’s clear and logical.

The Magic announced their desire to re-sign Evan Fournier, and they’re doing it — at great value.

Marc J. Spears of Yahoo Sports:

I thought Fournier might have gotten a max offer sheet, which would have been worth more over four years — projected to be $95 million — than he’ll get in five with Orlando. This is a steal by the Magic.

Fournier is a sweet-shooting wing who can also attack the rim and has shown glimpses of doing more as a playmaker. And he’s just 23.

How Evan Turner will make more per season than Fournier, I won’t understand.

On top of it, Fournier’s cap hold is just $5,720,513. The Magic can use the rest of their cap space then exceed the cap to re-sign Fournier. You’d think by granting them such flexibility, he’d get more money.

Orlando did great here.