Moe Wagner has officially signed a one-year, $5 million contract to continue with the Orlando Magic. His return is highly anticipated after a promising season was cut short due to a torn ACL suffered in December. Wagner's performance prior to the injury showed his value, averaging 12.9 points and 4.9 rebounds in just 30 games. Despite the setback, he remains optimistic about his recovery journey.

The Magic have also made headlines by signing veteran guard Tyus Jones, enhancing their roster depth. With Wagner re-entering the lineup, Orlando's contract situation is notably tight under the league's financial constraints.