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Magic waive Quentin Richardson, eat his $5 million salary

Oct 27, 2012, 10:01 PM EDT

Indiana Pacers v Orlando Magic - Game Three Getty Images

There’s not a lot of drama in NBA training camps, who is toing to make the team because contracts are almost all guaranteed. The ones that are not are a couple guys at the very end of the bench, guys who could bounce down to the D-League for much of the season.

Which is why what the Magic did was such a surprise — they ate $5 million in salary to waive Quentin Richardson. From the Orlando Sentinel:

The Orlando Magic made three moves Saturday that enabled them to keep their most athletic player. By waiving wing Quentin Richardson, combo forward Justin Harper and wing Chris Johnson, the team created a space for undrafted rookie DeQuan Jones, an explosive wing who offers potential as a defender….

“All throughout the preseason, we evaluated everything, and we made the decision that, yeah, financially we’re going to have to make a decision that impacts us in that way. But we feel that the decision was [best] for the organization and the culture we want to start to set (said Magic general manager Rob Hennigan).”

It makes some sense — the Magic are in complete and total rebuilding mode and Richardson is not part of the future. Jones might be. They have the time to find out, to let Jones develop. The only cost was money, and if they are willing to spend it — $2.6 million this year and $2.8 million next year — this seems like a good long range-play.

The Magic would be worse for it this year, but that is really part of the long-range plan as well.

Richardson will be a free agent that can be picked up by any other team.

  1. paintman34 - Oct 27, 2012 at 10:09 PM

    Paging LA Lakers

  2. magicbucs - Oct 28, 2012 at 12:04 AM

    He’s going back to the heat lol. Do you think Dwight will be happy with more of the players he basically said sucked in Orlando. The key to LA is to keep Dwight coward happy.

    • 00maltliquor - Oct 28, 2012 at 4:20 AM

      I wouldn’t doubt it. The Heat are always in the market for a wing 3pt specialist.

  3. themanchine - Oct 28, 2012 at 12:19 AM

    The Heat dont need another 2/3. He actually is a perfect fit comming off Lakers bench. Or MAYBE OKC sans-Harden.

  4. eugenesaxe - Oct 28, 2012 at 12:40 AM

    5mil spread over 2 years isn’t all that big a deal, no need to make it sound like it is.

  5. southbeachtalent - Oct 29, 2012 at 12:37 PM

    Definetly not going to the Heat, LeBron and him do not get along.. at all.

    • paintman34 - Oct 29, 2012 at 5:04 PM

      And him and Wade are great friends, just because LeBron isnt friends with someone doesnt stop the Heat from signing anyone

      • southbeachtalent - Oct 30, 2012 at 10:28 AM

        It’s not about being friends it’s about on court chemistry, if the best player on the team does not mesh with one of these acquisitions then it’s pointless. See “Jeremy Lin”.

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