The Magic have exercised three of their four available team options for 2017/18, announcing today (via Twitter) that Aaron Gordon, Mario Hezonja, and Elfrid Payton are now locked in for that season. Gordon’s fourth-year option is worth $5.504MM, Hezonja’s third-year option is worth $4.078MM, and Payton’s fourth-year option is worth $3.332MM.
C.J. Wilcox also has a team option for 2017/18 available on his rookie contract, but he wasn’t mentioned in the press release issued today by Orlando. That likely means that Wilcox’s option will be declined, but the club has a few more days to officially make that call. October 31 is the deadline for teams to exercise ’17/18 options on rookie contracts.
Gordon and Payton are expected to have significant roles in the Magic’s rotation this year after each player took a step forward in 2015/16. Gordon, averaging 23.9 minutes per contest, posted 9.2 PPG and 6.5 RPG, while Payton put up 10.7 PPG, 6.4 APG, and 3.6 RPG in 29.4 minutes per contest. As for Hezonja, he should have the opportunity to increase his role as well, since Orlando isn’t exactly loaded with shooters. In his rookie season, he shot 34.9% from three-point range in 79 games.
With their fourth-year options now exercised, Gordon and Payton will be eligible for extensions in 2017 and restricted free agency in 2018. Hezonja, one year behind them, has one more team option for 2018/19, which the Magic will have to make a decision on next fall.