Magic Waive Hakim Warrick

The Magic have officially released Hakim Warrick, reports Josh Robbins of the Orlando Sentinel (Twitter link). Warrick came over in a deadline deal from the Bobcats, and USA Today's Sam Amick reported at the time that Orlando was expected to waive Warrick. The move leaves 14 players on the Magic roster, one less than the maximum, freeing the team to either bring in players on 10-day contracts or sign someone for the rest of the season.

The Magic will be on the hook for Warrick's full $4MM salary unless another team claims him off waivers, though Orlando could recoup some of that money through the set-off provision if he signs another professional contract this year. The 30-year-old power forward also has a $4MM team option on his contract for next season, but that will disappear unless he's claimed.

Warrick has been traded or released four times within the last seven months. He went from the Suns to the Hornets in July's Robin Lopez deal, and New Orleans shipped him to the Bobcats for Matt Carroll in November. Warrick and New Orleans were reportedly working on a buyout prior to that trade, but it doesn't appear as though the Magic were able to convince Warrick to take less money this time around.

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