The Orlando Magic have lost out on what seemed to be their biggest free agent target of the offseason. Just a day after losing F Hedo Turkoglu to Toronto, it appears that the Magic will lose out on Wallace. Not signing ‘Sheed wouldn’t be that bad if he wasn’t going to Boston, a team that the Magic will more than likely have to beat in order to return to the NBA Finals The Boston Globe is reporting that he will receive the mid level exception over the next two years.
“Once (Wallace) had a chance to reflect on everything, and realizing what his objectives are, he just decided this was the best fit for him, all the way around,” said Bill Strickland, Wallace’s agent.
Wallace is expected to receive a two-year deal using the mid-level exception (expected to be about $5.6 million to $5.8 million).
With Wallace off of the market, the Magic are expected to turn to their probable second choice – PF Brandon Bass. According to The Charlotte Observer, Bass has a $25 million deal on the table and it’s not from the expected Bobcats.
The Charlotte Observer has reported that free agent forward Brandon Bass might have a five-year, $25 million offer on the table.
The Observer’s Rick Bonnell contacted agent Tony Dutt on Saturday, and while the Bobcats are interested in Bass, they aren’t believed to be the club that offered the $25 million deal.
This kind of deal would probably be either four or five years in length. Could the Magic have offered this deal? Magic General Manager Otis has stayed out of the news when making any kind of deals so far in his career, but this seems like a little too much money and too many years to dish out for such an unproven player. Bass’ agent, Tony Dutt, could just be trying to drive Orlando’s price up since the Magic and Bass seem very interested in each other. David Lee, Glen “Big Baby” Davis and Paul Millsap could be other options as well.