The move reduces their roster to 13, suggesting another transaction may be forthcoming. The team has discussed the possibility of claiming forward Alfonzo McKinnie, who was waived by the Warriors, Fedor reports in another tweet. They could also be in the market for another big man, due to injury concerns regarding John Henson and Ante Zizic, Fedor adds.
Teams are technically required to have at least 14 players on standards contracts, though they are allowed to skate by with 13 for two weeks at a time.
Martin was signed in September on a one-year, non-guaranteed contract.
Martin, 25, was selected out of LSU with the No. 25 overall pick in the 2015 draft. He spent the first three seasons of his NBA career with the Grizzlies before being dealt to the Magic in July 2018. Martin played sparingly in Orlando, averaging 2.7 PPG and 1.7 RPG in 42 games (7.8 MPG).