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Magic Keep Spending With Van Gundy, Smith Extensions

ORLANDO, Fla. -- If the Orlando Magic don't win an NBA title in the next couple of years, it won't be because they were afraid of spending the money to make it happen. The Magic extended the contracts Wednesday of both coach Stan Van Gundy and general manager Otis Smith through the 2012-13 season, including a $1 million...

Redick Hopes Magic Playoff Run Leads To Next Contract

ORLANDO, Fla. -- A run to the NBA Finals last spring earned Orlando Magic backup center Marcin Gortat a surprisingly lucrative, long-term contract last summer. Reserve guard J.J. Redick is hoping to do the same now. Redick, a restricted free agent finishing his fourth NBA season, believes that going deep into the...

Magic Will Pay Luxury Tax to Re-Sign Hedo Turkoglu

ORLANDO – The intoxicating effect of reaching the NBA Finals for just the second time in franchise history will prompt the Orlando Magic to loosen the purse strings and venture into the previously-dreaded luxury tax territory this summer to re-sign free agent-to-be Hedo Turkoglu. Magic President and chief executive...

Magic Expected to Decide Brian Hill's Fate Soon

[Update: That didn't take long -- the Orlando Sentinel reports that Hill was relieved of head coaching duties today, though he's expected to stay in the organization in some capacity.]With any luck, Orlando Magic fans may soon learn the fate of their embattled head coach Brian Hill. Three weeks after team president Bob...