Report: Magic working on buyout of Hedo Turkoglu
Hedo Turkoglu played just 11 games for the Magic last season. (Fernando Medina/NBAE via Getty Images)
The Orlando Magic are in talks with Hedo Turkoglu to buy out the remainder of his contract, according to Adrian Wojnarowski of Yahoo! Sports.
Turkoglu, 34, is due another year at $12 million -- $6 million guaranteed -- on his Magic contract. The team is believed to be attempting to negotiate Turkoglu's buyout below $6 million.
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From Yahoo! Sports:
With the Magic working to construct the franchise around a rapidly improving young core, team officials and Turkoglu are eager to part ways.
No buyout deal is imminent, but the sides have been moving closer on possible terms, sources said.
