The Orlando Magic have decided to decline the $11 million option for Moritz Wagner and the $2.1 million option for Caleb Houstan. Despite these declines, both players' Bird rights are retained, allowing the team to potentially re-sign them as free agents. Wagner, who suffered an ACL injury limiting him to only 30 games last season, was performing well prior to the injury. Houstan, a second-round pick in 2022, averaged 4.1 points in limited playing time last season. The decisions reflect the Magic’s strategy moving forward.
Orlando is declining Caleb Houstan's $2.1 million option, sources said, but retain both players' Bird rights, allowing potential future re-signing as free agents.
Wagner's performance before his injury was notable, averaging 12.9 points and shooting 56.2% from the field, showcasing his potential impact.
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