The Orlando Magic intend to buy out the contract of veteran guard Terrence Ross, ESPN reported Saturday.
Per the report, the two sides were finalizing terms of the buyout. Once done, Ross will be a free agent and have a chance to sign with a playoff-contending team.
Ross began his career with the Raptors, who selected him with the No. 8 overall pick in the 2012 NBA Draft. He spent four-plus seasons in Toronto before being shipped to the Magic at the 2017 trade deadline.
In 712 career games (187 starts), Ross has averages of 11.0 points, 2.8 rebounds and 1.3 assists per game.
This season, he’s averaging 8.0 points, 2.0 rebounds, 1.3 assists and 22.5 minutes in 42 games (nine starts).
Ross, 32, is in the final season of a four-year, $54 million contract signed in July 2019.
–Field Level Media