NOVEMBER 24: The Magic have made it official with Bacon, issuing a press release to formally announce his deal.
The agreement includes a team option in the second season, with all indications being that Bacon will sign for the minimum salary exception, Josh Robbins of The Athletic tweets.
Bacon spent last season with the Hornets, who declined to extend him a qualifying offer this week. He averaged 5.7 points, 2.6 rebounds and 17.6 in 39 games, shooting just 35% from the floor.
Bacon, 25, was the No. 40 pick in the 2017 NBA Draft. He’s spent the past three seasons with Charlotte, appearing in a total of 135 games. The move to Orlando will reunite him with former Hornets head coach Steve Clifford.
Orlando finished with the eighth-best record in the Eastern Conference last season at 33-40. The team sports a young nucleus that includes Aaron Gordon, Markelle Fultz, Jonathan Isaac and Mohamed Bamba, along with veterans such as Evan Fournier and Terrence Ross.