The Magic and veteran free agent Moritz Wagner have agreed to a one-year, $5MM deal that will see the big man return to Orlando, according to reports from Jason Beede of The Orlando Sentinel and Shams Charania of ESPN (Twitter link).
The older brother of Magic star Franz Wagner, Moritz has been with the team for four-plus seasons, having originally signed late in the 2020/21 campaign.
Wagner appeared well on his way to a career year in 2024/25, with averages of 12.9 points and 4.9 rebounds in 18.8 minutes per game and a shooting line of .562/.360/.718 through 30 contests. However, a torn left ACL in December prematurely brought his season to an end.
Faced with an increasingly expensive roster – and with Wagner still recovering from that ACL tear – Orlando declined its $11MM team option on the 6’11” forward/center last weekend, but there was always an expectation that the club wanted to bring him back at a reduced rate. With his Bird rights in hand, the Magic had the ability to re-sign Wagner without using any mid-level or bi-annual exception money.
More to come…