Orlando Losing 20 Mill Per Season

[Pugz]

The Orlando Magic will borrow at least $15 million from the NBA, according to the Sentinel.

Alex Martins, the club's Chief Operating Officer, said that the Magic would borrow more than the $10 million the club originally said it was seeking.

The club is losing approximately $20 million per season.

Via Orlando Sentinel

 

[Mexi]

They're not re-signing Hedo either

 

[Lake Louise]

They're not re-signing Hedo either

Really?? Dang, I like Hedo, but they have to make some decisions obviously.

 

[RipCity32]

Tehe, they lose 20 million a year and still can't win in the playoffs.

 

[Mexi]

Really?? Dang, I like Hedo, but they have to make some decisions obviously.

The Rashard Lewis contract hurts them.
Plus they have Dwight and Jameer.
Hedo is gonna want Maggette money, 60M+, and they can't do that. maybe if he takes a hometown discount, but i doubt it. Or if no one else wants him

 

[lonesomefx]

Contracts that are hurting them
Hedo Turko-who
Dwight Howard
Jameer Nelson
Rashard Lewis
Rafer Alston...
---------------------------------------------
think about all the money right there

 

[RipCity32]

I don't think Hedo would be a good player anywhere but Orlando. He is asked basically to fire away all day. Hence why he blew up out of nowhere.

 

[Pugz]

Dwight's contract isn't hurting them.. He is putting up monster numbers, just cause it's big doesn't mean it's bad..

 

[Lake Louise]

Contracts that are hurting them
Hedo Turko-who
Dwight Howard
Jameer Nelson
Rashard Lewis
Rafer Alston...
---------------------------------------------
think about all the money right there

Hedo, Alston, & possibly Lewis are the ones I see that are the most-possible of releasing after this season.

 

[RipCity32]

If the Magic let Hedo walk, and realeased Rafer and Shard, they would be left with Dwight and Nelson. Lmao.

And still the bad CAP lol.

 

[Lake Louise]

If the Magic let Hedo walk, and realeased Rafer and Shard, they would be left with Dwight and Nelson. Lmao.

And still the bad CAP lol.

Looks like there only option is to get rid of all their starters, and give Superman to Detroit. That`s the only move that would make the most sense. :lol:

They are in a pretty fcked situation cap wise though.