The Magic have finalized their signing of Ishmael Smith, as Scott Schroeder of Ricidulous Upside writes. Yahoo's Marc Spears first reported last night that Orlando was expected to add the recent D-League signee today.
Smith, 23, signed a contract with the D-League earlier this week, but didn't even play a single game before the Magic plucked him off the roster of the Los Angeles D-Fenders. Orlando is his third NBA stop so far this season, after he was cut by the Grizzlies and Warriors earlier in the year.
Smith's contract likely isn't guaranteed yet, Schroeder adds. The Magic waived Larry Hughes to clear a roster spot for Smith.