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In a move that aids their future financial flexibility and also accommodates the wishes of a veteran player, the Orlando Magic requested waivers on veteran power forward Al Harrington on Friday.
The transaction allows Harrington, 33, to become an unrestricted free agent and possibly join another contending team. The 15-year NBA veteran said after last season that he understandably wasn’t in the plans for the transitioning Magic and hoped to finish out his career with a team in the playoff race.
Harrington’s contract called for him to be owed $14.7 million over the next two seasons, but only half of his salary in 2013-14 and 2014-15 was guaranteed. Magic GM Rob Hennigan worked on several trade possibilities for Harrington, but ultimately reached a buyout compromise that best-suited both the franchise and the player.
The Magic have yet to reach an agreement with small forward Hedo Turkoglu, another veteran player whose contract is only partially guaranteed for next season.
Reported by John Denton of OrlandoMagic.com
