The Magic completed the signings of multiple free agents who will join them for training camp, the Orlando Sentinel learned Tuesday.
Guard Reece Beekman, center Colin Castleton, forward Justin Minaya and guard Lester Quinones signed Exhibit 10 deals with the Magic, a league source with knowledge of the terms told the Sentinel.
An Exhibit 10 is a one-year deal worth the minimum league salary that guarantees a player will receive a training camp invite. It also allows NBA teams to convert a player’s deal into a two-way contract before the start of the season.
The Magic still have one of three two-way deals to use, and all four players mentioned above will have the chance to compete for it in camp. In July, Orlando signed forward Jamal Cain and center Orlando Robinson to two-way contracts, allowing them to go between the NBA and G League (limited to 50 NBA games).
Following an offseason full of activity, Orlando’s 15-man standard contract roster actually has one spot remaining. But the team won’t be able to fill it until later in the season because of the league’s fairly new collective bargaining agreement (unless the team made a move to create more financial space).
That’s because the Magic are hard-capped at the first apron, a salary constraint set at $195,945,000 by the CBA. Orlando triggered the first apron hard cap when it used a portion of the non-taxpayer-mid-level-exception to sign veteran guard Tyus Jones.
Without enough space under the first apron to even sign a veteran minimum player, the Magic could fill the 15th roster spot later in the season because the salary would be pro-rated, allowing them to remain below the hard cap.
It’s why addressing additional roster needs via two-way contracts is critical to build depth in the meantime. And NBA teams are allowed to carry up to 21 players during the offseason.
With the signings of Beekman, Castleton, Minaya and Quinones official, Orlando sits at 20.
Although the Exhibit 10 deal doesn’t initially include protected compensation, it does provide bonuses if a player signs with a team’s G League affiliate and remains with the club for 60 days. The bonus ranges between $5,000 and $85,300 this year.
The 6-foot-11 Castleton is a familiar face for the Magic organization. The former Florida Gator appeared in 17 G League games with Osceola last season. Across two years, he’s played in 42 NBA games, including 26 last season with Memphis, Toronto and Philadelphia.
Last season with Osceola, he averaged 17.4 points, 10.6 rebounds, 2.8 assists, a steal and 1.1 blocks per game during 29.2 minutes in 17 contests.
Beekman spent most of his rookie campaign with Brooklyn, appearing in 34 NBA games with the Nets and two more with Golden State. Undrafted out of Virginia, the 6-1 guard led the ACC in assists as a sophomore (2021-22) and senior (’23-24).
Last year with Long Island, he averaged 15 points, 4.2 rebounds, 6.2 assists, and 2 steals per contest during 28.4 minutes in five G League games.
The 6-5 Quinones has split time throughout his three-year career appearing in 54 NBA games with Golden State, Philadelphia and New Orleans and also 33 G League games. Last season with Birmingham, he averaged 21.3 points, 7 rebounds, 4.6 assists and 1.5 steals per contest during 35.5 minutes in 31 games.
Similarly, the 6-5 Minaya has played in 57 NBA games all with Portland and also 46 G League games across three seasons. Last year with Rip City, he averaged 11.7 points, 5.8 rebounds, 2.9 assists and 1.6 steals per games during 31.6 minutes in nine contests.
Quinones will wear No. 24 with the Magic, Minaya No. 15, Castleton No. 14 and Beekman No. 26.
Coach Jamahl Mosley and the Magic are set to begin training camp Sept. 30 at AdventHealth Training Center.
Jason Beede can be reached at jbeede@orlandosentinel.com
