Magic Trade Andriuskevicius To Cleveland, Obtain Gortat From Suns

The Magic selected center Martynas Andriuskevicius in the second round (44th overall) of the 2005 NBA Draft, then traded his draft rights to the Cleveland Cavaliers in exchange for a 2006 second round draft pick and cash considerations.

Later, Orlando obtained the draft rights to forward-center Marcin Gortat (57th overall) from the Phoenix Suns in exchange for cash considerations.

Via Magic Press Release

Orlando Magic, Cleveland Cavaliers

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Otis Smith And Dave Twardzik To Serve As Magic Co-GM's

In its least surprising move of the offseason, the Magic today announced Otis Smith and Dave Twardzik as Assistant General Managers.

Twardzik and Smith together will be responsible for overseeing basketball operations, including player acquisitions via the draft, free agency and trades, player development, scouting and salary cap management.

This announcement comes on the heels of former GM John Weisbrod's resignation last month, who left to pursue opportunities in hockey.

Twardzik brings 15 years of experience in various front office positions around the league. Those include two years as Golden State's head man, from 1995 to 1997.

Otis Smith, whose previous title with the team had been the director of player development, was a player on the franchise's inaugural team in 1989. Smith has several years of front office experience with the Magic, as well as a season in Golden State.

The duo will make up only the second co-GM pair in any of the 4 major leagues in the United States, and first such in the NBA. Baltimore Orioles' tandem of Jim Beattie and Mike Flanagan had been the only one so far.

Via OrlandoMagic.com

Orlando Magic

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Magic Might Waive Christie

The Orlando Magic are looking at a huge luxury tax payment and they might waive disgruntled guard Doug Christie's $8.2 million salary to save millions of dollars in payments.

"According to Scott Herring, the Magic's director of basketball administration, Orlando's payroll is estimated at around $72 million, well over the projected luxury-tax threshold of about $54 million."

For every dollar the Magic are over the thresold, they must pay a dollar-for-dollar penalty would be about $18 milllion.

However, if they waive Christie, the Magic would only have to make $8 million in payments rather than the $18 million.

Christie's expiring contract was considered a valuable asset this offseason but with no revenue from a new arena pouring in, this could very well happen.

"It's certainly an option," Herring said. "We'd look at it."

Via Orlando Sentinel

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