The veteran guard is heading to Orlando on a three-year deal.
were anticipated to be one of the biggest spenders in NBA free agency, and it seems they've locked down their first big signing of the offseason on Sunday night.
The Magic have reached an agreement on a three-year contract with veteran guard Kentavious Caldwell-Pope, according to multiple reports. The contract is worth a total of $66 million and includes a player option in the third season, according toAs such, Caldwell-Pope will collect an average of $22 million per season, a big increase from the $14.7 million he earned in 2023-24., where he won a championship in 2022-23. Last year, he averaged 10.1 points, 2.4 assists and 2.4 rebounds while shooting 46% from the field and 40.6% from three-point territory. He featured in 76 games, starting them all.
Now, he'll provide some veteran presence to an up-and-coming squad in Orlando that's coming off its first playoff appearance in four years, where he'll join up with the likes of Paolo Banchero and Franz Wagner. The Magic figure to continue to be active in free agency amid the addition of Caldwell-Pope, having entered the offseason with the most cap space in the NBA.Karl Rasmussen is a writer on Sports Illustrated’s Breaking & Trending News Team. A University of Oregon alum, his work has appeared on 12up and ClutchPoints. He’s a loyal Tottenham, Jets, Yankees and Ducks fan.
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