Orlando Magic NBA free agency 2025: Tracking latest rumors, updates
The Orlando Magic are looking towards the future.
After acquiring Desmond Bane in a trade with the Memphis Grizzlies before the NBA Draft, and selecting Jase Richardson in the first round of the draft, the team is weighing its options ahead of free agency.
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The Magic are one of the few teams penciled in for success next season after adding Bane to their core of Paolo Banchero and Franz Wagner.
Meet the Rookie: Jase Richardson ready to 'prove people wrong' in NBA just like he did at Michigan State
Bane's ability to shoot the ball well from three and operate as a shot creator gives Orlando a different dimension to their offense that was missing last season.
With the misfortunes the Boston Celtics and Indiana Pacers saw this post season—losing their top players to Achilles injuries—and the uncertainty of Giannis Antetokounmpo's future with the Milwaukee Bucks, the Magic are positioned to step into the void in the Eastern Conference.
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They could achieve a top-four finish in the East and set up a potential postseason run to the Eastern Conference Final or beyond.
Magic trade rumors and offseason overview for 2025
Nov 1, 2024; Cleveland, Ohio, USA; Orlando Magic center Moritz Wagner (21) looks to shoot in the first quarter against the Cleveland Cavaliers at Rocket Mortgage FieldHouse. Mandatory Credit: David Richard-Imagn Images
The Magic have a roster that is shored up for the most part. Banchero, Franz Wagner, Jalen Suggs and Bane are all under contract this upcoming season.
In the trade for Bane they lost Kentavious Caldwell-Pope and Cole Anthony. They'll likely need to add a reserve guard to their squad this offseason.
There are several options on the market who'd fit the need such as Tyus Jones, Dennis Schroder or Malcolm Brogdon.
They also have to make a decision on Mo Wagner, who has a team option this summer, ahead of potential free agency next year.
Magic offseason needs
The Magic need additional guard depth and shooting on their roster. They may opt to find both in the same player this offseason.
NBA salary cap 2025-26 numbers
The NBA's projected 2025-26 salary cap numbers are as follows:
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Salary cap: $154.6 million, a 10% increase from the $140.6 million of 2024-25.
Luxury tax threshold: $187.9 million, up from $170.8 million.
First apron: $195.9 million, up from $178.1 million.
Second apron: $207.8 million, up from $188.9 million.
Magic free agents 2025
Mo Wagner
Gary Harris
Cory Joseph
Caleb Houstan
This article originally appeared on The Daytona Beach News-Journal: Magic NBA free agency 2025: Tracking rumors and updates
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