Magic Decline Team Options On Moe Wagner, Caleb Houstan

The Magic are declining the team options for Moritz Wagner and Caleb Houstan, reports ESPN’s Shams Charania (via Twitter), making the two players unrestricted free agents.

Wagner’s team option was for $11MM while Houstan’s was for $2.1MM. Turning down both will allow the Magic to retain some financial flexibility after they traded for Desmond Bane. Charania notes that the team retains both players’ Bird rights, meaning that a reunion remains possible for either or both of them.

Wagner has been with the Magic for over five seasons, and has averaged 10.5 points, 4.3 rebounds, and 1.3 assists while shooting 32.9% from three over the last four years as a reserve center. His 2024/25 season was cut short in December by a torn ACL, which he is still recovering from.

Wagner appeared well on his way to a career year in 2024/25, as he had averaged 12.9 points and 4.9 rebounds per game with a .360 3PT% through his first 30 contests. According to Michael Scotto of HoopsHype (Twitter link), the Magic have interest in bringing him back.

Houstan, the former 32nd pick in the 2022 draft, has been in and out of the rotation over his three seasons in Orlando, but has become a strong shooter at 6’8″ and is still only 22 years old. He converted a career-best 40.0% of his three-point tries in 2024/25.

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