5:49pm: NBA.com's David Aldridge confirms that Rob Hennigan has accepted the Magic's offer to become the team's next general manager.
5:23pm: CBSSports.com's Ken Berger tweets that the Magic have officially offered the GM job to Hennigan. The two parties are currently in contract negotiations.
5:00pm: The Magic are in advanced talks with Thunder executive Rob Hennigan to make him the next general manager in Orlando, reports Adrian Wojnarowski of Yahoo! Sports (via Twitter). Hennigan is one of three finalists for the position that has made with Magic ownership this month. According to Wojnarowski, Hennigan was brought to Michigan in recent days to meet with the DeVos family for a second time (Twitter link).
Josh Robbins of the Orlando Sentinel reported yesterday that the Magic are expected to make a decision on their new GM no later than the end of this week. Former Hornets GM Jeff Bower and Spurs assistant GM Dennis Lindsey are also in the running for the front office job in Orlando.
Recent reports have suggested the Magic are looking to set up a front office in which a number of executives have input on basketball decisions, rather than one individual having decision-making autonomy. Bill Ingram of HoopsWorld wrote earlier today that Bower may be the frontrunner because he's willing to be one of many voices on basketball decisions, but it appears he's been overtaken by Hennigan, an assistant GM for the Thunder.