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Orlando Magic wasted the Timofey Mozgov asset

The Orlando Magic completed their summer workings in one fell swoop.

Within the course of an hour after the free agency starting gun blared, Orlando had come to terms with Nikola Vucevic and Terrence Ross on four-year deals. Dealing with their contract statuses was always going to take the bulk of the Magic’s summer. The Magic added Al-Farouq Aminu with the full mid-level exception soon after.

The team made all those signings official Saturday.

That exhausted all of the Magic’s serious resources to improve the roster. Just one roster spot remained and the team is over the salary cap and likely bumping up against the luxury tax.