Orlando Magic decline contracts for Wagner and Houstan to seek financial flexibility and upgrade roster.

The Orlando Magic have declined contracts for Moe Wagner and Caleb Houstan, giving the team financial flexibility. Wagner, who averaged 12.9 points and 4.9 rebounds before an injury, and Houstan, who averaged 4.1 points and 1.3 rebounds, can still be re-signed. This move allows the Magic to seek improvements, particularly in their need for a true point guard, while managing their budget constraints.