According to Beede, it will be a non-guaranteed Exhibit 10 agreement. A contract with Exhibit 10 language can be converted to a two-way deal or can put a player in line for a bonus worth up to $75K if he’s waived in the preseason and then spends at least 60 days with his team’s G League affiliate.
A former Yale standout who was drafted 58th overall in 2019, Oni appeared in 80 games for the Jazz across three seasons from 2019-22, but never developed into a consistent, reliable NBA rotation player. He averaged just 1.8 PPG and 1.4 RPG in 8.4 minutes per contest in those three years.
Oni, 26, was traded in January 2022 from the Jazz to the Thunder, who subsequently waived him. He signed a 10-day hardship contract with New Orleans later that season, but didn’t appear in a game for the Pelicans.
After reaching free agency last summer, Oni signed with the London Lions of the British Basketball League and had a strong season in England, helping the Lions claim a BBL championship and a spot in the EuroCup playoffs.
Orlando currently has 17 players under contract — 14 on guaranteed contracts, one (Jonathan Isaac) on a partially guaranteed deal, and a pair on two-way pacts. The Magic also haven’t yet completed a reported training camp deal with Trevelin Queen. Signing Queen and Oni would increase their roster count to 19 players, two shy of the offseason limit.