J.J. Redick’s Contract To Become Guaranteed

The Magic have until 11:00pm Central time tonight to waive J.J. Redick without having to pay his $6.19MM salary for next season, but the team will keep him aboard, tweets Josh Robbins of the Orlando Sentinel. This coming season will be the last year of a three-year, $20.19MM deal, and the Magic could use his expiring contract as a trade chip, as Robbins notes (Twitter link).