Thornwell, 26, spent his first two NBA seasons with the Clippers after being selected 48th overall in the 2017 draft. He later caught on with the Pelicans for the 2020 summer restart and spent much of the 2020/21 season with New Orleans as well, first on a non-guaranteed contract, then on a pair of 10-day deals. The Pels didn’t re-sign him after that, largely due to luxury tax concerns.
In 153 career games, Thornwell has averaged just 2.5 PPG and 1.3 RPG in 10.3 minutes per contest. However, his shooting percentages (.414 FG%, .348 3PT%) haven’t been too bad, and he’s considered a solid perimeter defender.
Cannady recently underwent season-ending ankle surgery and was on an expiring deal, so there was no real incentive for the Magic to keep him under contract for the rest of the 2020/21 season. I’d expect Orlando to consider him for either a new two-way deal or a spot on the team’s G League affiliate once he fully recovers from his ankle injury.