August 24: Castleton has signed his Exhibit 10 contract with Orlando, according to RealGM’s log of official NBA transactions.
August 22: The Magic are signing free agent center Colin Castleton, reports Michael Scotto of HoopsHype (via Twitter).
Castleton’s contract with the Magic will be a non-guaranteed Exhibit 10 deal, according to Jason Beede of The Orlando Sentinel (Twitter link).
A Florida native who spent the final three years of his college career at UF, Castleton went undrafted in 2023 and spent 2023/24 — his rookie season — on a two-way contract with the Lakers.
Castleton was waived by L.A. shortly before the ’24/25 campaign began, but quickly caught on with Memphis on another two-way deal. He was released by the Grizzlies in January.
After spending a few months in the G League, Castleton inked a pair of 10-day deals with Toronto in March before joining the 76ers on a 10-day pact in early April. The Raptors re-signed him to a two-year standard contract on the final day of the regular season, but the second year was non-guaranteed, and he was cut in late July.
In 26 total appearances for Memphis, Philadelphia and Toronto last season, Castleton averaged 4.7 points and 4.7 rebounds in 16.6 minutes per game. The 25-year-old big man’s NBA G League rights are currently controlled by the Magic.
If Castleton is waived before the ’25/26 season begins and spends at least 60 days in the G League with the Osceola Magic, he’d be eligible for a bonus worth up to $85,300. Exhibit 10 contracts can also be converted to two-way deals, and Orlando does have a two-way opening, as our tracker shows.
Continuing the trend of signing bigs who previously played in Toronto? Ah well at least this one isn’t completely insane like that Biyombo contract years back. Sidenote, happy that man got paid though, absolute gem of a human.