JULY 14TH: The deal is official, the team announced via press release
“Channing’s character, competiveness, veteran experience, and leadership ability are valuable additions to our developing team,” Magic GM Rob Hennigan said in the team’s statement. “His ability to stretch the floor and play sound team defense are also ways in which we envision Channing helping our team moving forward.”
JULY 9TH, 9:35pm Frye’s deal will be front-loaded and team-friendly in its latter years, a source with knowledge of the agreement tells Joshua Robbins of The Orlando Sentinel. The deal will see decreases of 4.5% each season–the most allowable under the CBA–which projects to salaries of $8,560,707, $8,175,476, $7,807,579, and $7,456,238 for each year.
While Frye has been garnering interest from around the league, the Magic weren’t seen as a likely destination and weren’t really mentioned as a possibility. The incumbent Suns wanted to re-sign him, the Warriors and Cavs were ready and waiting when Frye opted out of his deal with Phoenix, and there was mutual interest between the big man and the Blazers.
The 31-year-old missed all of 2012/13 with an enlarged heart but wound up playing and starting in all 82 of the Suns’ regular season games last season. Frye averaged 11.1 PPG with 5.1 RPG and 0.8 BPG in 28.2 minutes per contest. He’s had slightly better marks in those categories and in PER, but he was nonetheless a bright spot for the Suns last season.
In a league that is falling more and more in love with the idea of a stretch four every day, Frye is a hot commodity. The 6-foot-11 can consistently connect from the outside and owns a career 38.5% mark on three-pointers.
Orlando has upgraded their power forward situation in a big way this offseason. Frye will presumably be the starter with No. 4 overall pick Aaron Gordon in reserve.