Truth & Rumors > NBA

Magic paying Hedo Turkoglu to stay away

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10:00 AM ET 09.28 | Hedo Turkoglu remains on the Orlando Magic's roster for now, but his days playing for the team are over. Although team officials and Turkoglu's camp have not reached a buyout deal, both sides have agreed that Turkoglu will not join the team when it convenes for the start of training camp Tuesday or at any time after that. "Our organization has a great deal of respect for Hedo and the contributions he's made to the team over the years," Magic General Manager Rob Hennigan told the Orlando Sentinel. The full $12 million amount won't become fully vested until Jan. 10, which is the day when any remaining nonguaranteed contracts throughout the league become fully guaranteed. So why haven't the Magic just waived Turkoglu already? On one hand, team officials want to negotiate a buyout for under $6 million. But -- and perhaps more importantly to them -- the Magic seem to regard Turkoglu's contract as an asset and want to hold onto the contract until they're convinced they've exhausted all options for a potential trade.

Orlando Sentinel

Hedo Turkoglu, Getty Images Hedo Turkoglu, Getty Images
Comment #1 has been removed
September 28, 2013  10:17 AM ET

Enjoy Getting Money For Nothing, Bro.

Comment #3 has been removed
September 28, 2013  10:27 AM ET

Hedo makes more money than my step mother's great aunt twice removed does on the internet.

September 28, 2013  10:28 AM ET
QUOTE(#3):

Maybe they can't come to a god #?Maybe turkey wants too much buyout?

This contract was given to him by the Mighty Raptors.

September 28, 2013  10:31 AM ET

I would LOVE to have a job where my boss pays me to stay away.

September 28, 2013  10:35 AM ET
QUOTE(#1):

I wonder why they bought out Harrington already but not Turk.

They have a habit of buying expensive players out. It's their way of cleaning up their eff ups.

September 28, 2013  10:48 AM ET
QUOTE(#5):

This contract was given to him by the Mighty Raptors.

....and orlando were dumb enough to take the contract and him (back).

September 28, 2013  10:59 AM ET

Nice picture of Bud Bundy.

September 28, 2013  11:04 AM ET
QUOTE(#3):

Maybe they can't come to a god #?Maybe turkey wants too much buyout?

They may still think he has some value and are looking to move him? Why buy someone out when you can unload the burden on some other team.

September 28, 2013  11:38 AM ET

SO if they don't want him why not buy him out?
Then he is worth something right?
That is a straight up sissy move by management, they don't want you to play but they won't trade you or buy you out???

September 28, 2013  11:39 AM ET
QUOTE(#6):

I would LOVE to have a job where my boss pays me to stay away.

+5

Comment #13 has been removed
Comment #14 has been removed
September 28, 2013  12:23 PM ET
QUOTE(#4):

Hedo makes more money than my step mother's great aunt twice removed does on the internet.

Impossible!! And she only works a few hours a month at that!

September 28, 2013  02:13 PM ET

Bulls paying Derrick Rose to stay away...


Fixed!

September 28, 2013  04:08 PM ET
QUOTE(#2):

Enjoy Getting Money For Nothing, Bro.

And Your Chicks For Free, Bro.

September 28, 2013  05:35 PM ET
QUOTE:

just before I saw the draft of $5073, I did not believe that...my... best friend was like they say actualy receiving money in their spare time on their apple laptop.. there sisters roommate haz done this 4 only about sixteen months and recently took care of the dept on their cottage and got a great new Lancia. he has a good point>>>> Ring77.com

Cool story, bro.....

September 28, 2013  10:50 PM ET
QUOTE(#14):

Maybe you should read the article before posting?It sounds like they are looking to deal him. They have until Jan 10.

If they wait until Jan 10, they will most likely end up paying MORE than $6M, which is his buyout money. I would be shocked if someone were to actually make a trade deal for him because they'll be on the hook for $12M.

The best course of action for ORL is to just buy him out, and I think, at the end, that's what is going to happen.

 
September 28, 2013  11:40 PM ET
QUOTE(#13):

It must be nice to be rich. To the 2nd richest owner in the NBA the 6 million probably seems like pocket change.

not the 2nd richest owner

according to Forbes he would be 4th behind

OF COURSE

Allen and Prokhorov

and Forbes says that Mickey Arison is also worth more

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