Home / Sports / Magic Cut Isaac, Save Millions
Magic Cut Isaac, Save Millions
28 Jun
Summary
- Orlando Magic waived Jonathan Isaac on Saturday.
- The team owes him $8 million, not $14.5 million.
- This move helps Orlando manage luxury tax concerns.
The Orlando Magic took decisive action on Saturday by waiving veteran forward Jonathan Isaac before a critical contract deadline. This move strategically reduces the team's financial obligation for the 2026-27 season.
By waiving Isaac prior to Sunday, Orlando will now pay him $8 million of his partially guaranteed salary for that season, a significant reduction from his full $14.5 million commitment. Future potential salaries for 2027-28 and 2028-29 are also now off the books.
This financial maneuver is imperative for the Magic, who are contending with substantial salary commitments to other players, placing them in luxury tax territory. Waiving Isaac brings them closer to the tax line and under the first apron.
Isaac, a versatile defender known for his 6-foot-10 frame, was originally drafted sixth overall in 2017. His development has been impacted by persistent knee injuries throughout his career.
