Fansided · Jul 11, 2017
Orlando Magic waive C.J. Watson, reported to sign young center
The Orlando Magic made the expected move and waived C.J. Watson before the final year of his contract became guaranteed. They also signed a young center.
The Orlando Magic waived veteran guard C.J. Watson on Monday, hours before the deadline to guarantee the final year of his contract.
Watson’s final year of his three-year, $15-million contract was guaranteed for just $1 million of the $5 million he was owed if he was cut before the end of July 10. With the Magic having limited cap room and little use for C.J. Watson after signing D.J. Augustin last summer and then Shelvin Mack this summer, his waiving seemed inevitable.