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Magic waive C.J. Watson rather than guarantee $5 million salary

Orlando Magic v Miami Heat

MIAMI, FL - FEBRUARY 13: C.J. Watson #32 of the Orlando Magic looks on during a game against the Miami Heat at American Airlines Arena on February 13, 2017 in Miami, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Mike Ehrmann/Getty Images)

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The Magic faced a choice on C.J. Watson today: Guarantee his $5 million salary for the final season of his contract, or pay him $1 million to go away.

Orlando chose the latter.

Magic:

The Magic would be wise to eat the entire $1 million this season rather than stretching it. They’re headed toward the lottery anyway, and that flexibility would be better served in future years.

Even without Watson, Orlando has plenty of depth at point guard between Elfrid Payton, D.J. Augustin and newly signed Shelvin Mack. None of those players are necessarily good, but neither was Watson. Better to clear the cap space and roster spot.