Magic exercise contract options on Victor Oladipo, Maurice Harkless, Evan Fournier and Andrew Nicholson

Magic exercise contract options on Victor Oladipo, Maurice Harkless, Evan Fournier and Andrew Nicholson

Magic exercise contract options on Victor Oladipo, Maurice Harkless, Evan Fournier and Andrew Nicholson

Orlando Magic general manager Rob Hennigan announced today that the team has exercised their their third-year team option on the contract of Victor Oladipo, and fourth-year options on the contracts of Maurice Harkless, Evan Fournier and Andrew Nicholson.

All four of these players are now under contract with the Magic through the 2015-16 season.

Oladipo (6’4”, 210, 5/4/92) is considered a key building block; an essential piece in the future of the Magic, though it remains to be seen if he will live up to that very lofty expectation. He played in 80 games (44 starts) during his rookie campaign last season with Orlando, averaging 13.8 ppg., 4.1 rpg., 4.1 apg. and a team-high 1.61 stlpg. in 31.1 minpg. He was tied for 15th in the NBA in steals. Oladipo also ranked among all NBA rookies in scoring (2nd), rebounding (T-8th), assists (3rd), FG percentage (.419, 8th), three-point FG percentage (.327, T-7th), FT percentage (.780, 6th), steals (2nd) and minutes played (3rd).

Originally selected in the first round (second overall) of the 2013 NBA Draft by Orlando, Oladipo was named to the 2013-14 NBA All-Rookie First Team. He was also named the NBA’s Rookie of the Month twice (December 2013, February 2014). He has talent but needs to improve his shooting.

Harkless (6’9”, 215, 5/11/93) played in 80 games (41 starts) last season with Orlando, averaging 7.4 ppg., 3.3 rpg., 1.0 apg. and 1.21 stlpg. in 24.4 minpg., while shooting .383 (59-154) from three-point range. He ranked sixth in the NBA in steals-to-turnover ratio (1.13, 97/86).

Originally selected in the first round (15th overall) of the 2012 NBA Draft by Philadelphia, Harkless was acquired by Orlando as part of a four-team, 12-player trade on Aug. 10, 2012. He has appeared in 156 career NBA regular season games, all with the Magic, averaging 7.8 ppg., 3.8 rpg. and 1.19 stlpg. in 25.2 minpg.

Fournier (6’7”, 205, 10/29/92) played in 76 games last season with Denver, averaging 8.4 ppg., 2.7 rpg. and 1.5 apg. in 19.8 minpg., while shooting .376 (89-237) from three-point range. He was acquired from the Nuggets, along with the draft rights to Devyn Marble, in exchange for Arron Afflalo on June 26, 2014.

Originally selected by Denver in the first round (20th overall) of the 2012 NBA Draft, Fournier has appeared in 114 career NBA regular season games, all with the Nuggets, averaging 7.4 ppg., 2.1 rpg. and 1.4 apg. in 16.9 minpg., while shooting .381 (111-291) from three-point range. He also played in four career playoff outings, averaging 4.8 ppg. and 1.0 apg. in 13.3 minpg.

Nicholson (6’9”, 250, 12/8/89) played in 76 games (five starts) last season with Orlando, averaging 5.7 ppg. and 3.4 rpg. in 15.7 minpg. Originally selected in the first round (19th overall) of the 2012 NBA Draft by Orlando, Nicholson has appeared in 151 career NBA regular season games, all with the Magic, averaging 6.8 ppg. and 3.4 rpg. in 16.0 minpg.

For now, Harkless, Fournier and Nicholson are are considered bench depth. It remains to be seen how much better they can get.

The Magic are rebuilding, and although they are still not expected to be competitive, the team did improve this summer, adding talented rookies Aaron Gordon and Elfrid Payton, and versatile veteran big man Channing Frye, among others. At the least, Orlando should be far more fun and interesting to watch this season than they were in 2013-14.

Sixers waive Malcolm Lee, Ronald Roberts Jr and Drew Gordon

Sixers waive Malcolm Lee, Ronald Roberts Jr and Drew Gordon

Sixers waive Malcolm Lee, Ronald Roberts Jr and Drew Gordon

The Philadelphia 76ers today announced they have waived guard Malcolm Lee and forwards Ronald Roberts, Jr. and Drew Gordon.

It’s another rebuilding year for the Sixers, who will rely this season on guard Michael Carter-Williams and forward Nerlens Noel, while rookie center Joel Embiid sits out the season recovering from injury.

Not much is expected from the team as they continue to gather losses and draft picks while building for the future.

Raptors waive Jordan Hamilton, Will Cherry

Raptors waive Jordan Hamilton and Will Cherry

Raptors waive Jordan Hamilton and Will Cherry

The Toronto Raptors have waived guard Will Cherry and forward-guard Jordan Hamilton.

The Raptors completed their preseason schedule last night with a 83-80 win over New York in Montreal. The club finished with a 7-1 mark, tying the franchise best record set in the 2006 preseason.

Cherry played in five contests, averaging 3.4 points, 1.6 assists and 13.9 minutes. Hamilton averaged 9.5 points, 3.0 rebounds and 18.3 minutes in six outings.

The Raptors roster now stands at 15 players. The team’s regular season opener is Wednesday against the Atlanta Hawks, taking place at Air Canada Centre at 7:30 p.m.

Heat waive Khem Birch, Larry Drew II, Tyler Johnson, Shawn Jones

Heat waive Khem Birch, Larry Drew II, Tyler Johnson, Shawn Jones

Heat waive Khem Birch, Larry Drew II, Tyler Johnson, Shawn Jones

The Miami HEAT have waived forward Khem Birch, guard Larry Drew II, guard Tyler Johnson and forward Shawn Jones.

Birch appeared in six games with the HEAT this preseason and averaged 1.5 points, 5.5 rebounds, 1.17 blocks, 1.0 assists, 1.00 steals and 16.9 minutes.

Drew, who was signed as a free agent on October 20, did not appear in a game this preseason with Miami.

Johnson appeared in one game with the HEAT this preseason totaling 17 points, four rebounds, four steals and two assists in 36:13 minutes of action against San Antonio on October 18.

Jones appeared in four games with Miami this preseason and averaged 3.0 points, 3.0 rebounds and 16.5 minutes while shooting 66.7 percent (6-of-9) from the field.

The HEAT’s roster now stands at 15.

Nets waive Casper Ware

Nets waive Casper Ware

Nets waive Casper Ware

The Brooklyn Nets have waived guard Casper Ware, Nets General Manager Billy King announced today. This was an expected move, as there simply wasn’t room on the roster for Ware.

Ware, who was acquired on October 24th from Philadelphia, appeared in nine games for Sixers last season, where he averaged 5.3 points and 1.1 assists in 12.9 minutes per game.

The Nets’ roster now stands at 15 players, the maximum allowed for the regular season, which begins Tuesday. The team does not have to get rid of any other players if they don’t want to.

Spurs waive JaMychal Green, Fuquan Edwin, Robert Vaden

Spurs waive JaMychal Green, Fuquan Edwin, Robert Vaden

Spurs waive JaMychal Green, Fuquan Edwin, Robert Vaden

The San Antonio Spurs have waived forwards JaMychal Green, Fuquan Edwin and Robert Vaden.

Green, who was signed by San Antonio on Aug. 6, appeared in six preseason games for the Spurs, averaging 5.3 points and 2.7 rebounds in 8.5 minutes while shooting .733 (11-15) from the field.

Edwin and Vaden were signed by the Spurs on Oct. 24 and did not appear in any preseason games.

San Antonio’s roster now stands at 15.

The Spurs are the reigning NBA champions, defeating the Miami Heat in the 2014 Finals. They’ve brought back their entire core roster, now one year older. Though people have been calling the Spurs “too old” for what feels like many now. They still appear to be as good as any team in the league.

Rockets sign Akeem Richmond, waive Geron Johnson

Rockets sign Akeem Richmond, waive Geron Johnson

rockets

Houston Rockets General Manager Daryl Morey announced today that the team has signed Akeem Richmond as a free agent and requested waivers on Geron Johnson.

Richmond (6-0, 180, East Carolina), an undrafted free agent in the 2014 NBA Draft spent the 2012-13 and 2013-14 seasons at East Carolina after transferring from Rhode Island following his sophomore year. Richmond appeared in 139 contests over the course of his NCAA career (61 starts) averaging 11.7 points, 2.2 rebounds and 1.0 assists per game in 25.3 minutes played. In his senior season, the point guard was named to the 2014 All-Conference USA Second Team.

Johnson (6-3, 203, Memphis), appeared in 67 contests at Memphis University holding career averages of 9.6 points, 4.8 rebounds and 3.5 assists per game in 28.3 minutes. Johnson was signed on October 24, 2014 and did not appear in any preseason games for the Rockets.

Cavs waive Shane Edwards

Cavs waive Shane Edwards

Cavs waive Shane Edwards

The Cleveland Cavaliers waived forward Shane Edwards today, Cavaliers General Manager David Griffin announced.

This move brings the Cavs roster down to 15, which means they don’t have to cut any more players if they don’t want to as the regular season begins this Tuesday.

Edwards appeared in six preseason games for the Cavs, averaging 1.5 points and 2.2 rebounds in 7.4 minutes per game.

The Cavs in 2014-15 are stacked with a revamped roster that includes new additions LeBron James, Kevin Love, Shawn Marion, Mike Miller and others joining Kyrie Irving, Anderson Varejao, Dion Waiters and friends, and on paper look like a serious contender coming out of the East.

Suns waive Earl Barron

Suns waive Earl Barron

Suns waive Earl Barron

The Phoenix Suns have waived center Earl Barron.

A seven-year NBA veteran and considered fairly solid as backup who provides bench depth, Barron signed with the Suns on Sept. 26. In six preseason appearances, Barron averaged 3.7 points and 4.3 rebounds in 13.7 minutes.

The Suns’ roster now stands at 15 players.

Knicks waive Langston Galloway and Jordan Vandenberg

Knicks waive Langston Galloway and Jordan Vandenberg

knicks

The New York Knicks have waived guard Langston Galloway and center Jordan Vandenberg, team President Phil Jackson announced today.

Galloway, who in InsideHoops.com’s opinion has one of the best names in the league, at 6-2, 200-pounds, was signed on Sep. 9 and averaged 3.0 points and 1.0 assists over 6.1 minutes in three preseason games.

Vandenberg, 7-1, 245-pounds, signed as a free agent on Oct. 23 and did not appear in a preseason game.

NBA preseaon ended Friday, and the regular season begins Tuesday. Teams around the league are cutting players — mostly guys who were signed to non-guaranteed contracts — to get down to the NBA roster maximum of 15.