118 MILLION DOLLARS !!!!! Man alive, the Magic are throwing gobs and gobs of money at a lanky SF with questionable foot issues in a sign-n-trade of all things. Haven't we seen this before -- its eerily similar isn't it. Aaaand a Sign-n-Trade of all things, have the Magic learned ANY of their lessons. I'm thinking the Magic spent too much money this summer on Grant Hi.....urr..I mean Rashard Lewis.
I guess having a big man in Dwight Howard instead of another lanky SF (Tracy McGrady) is going to work out better, but we're just going to have to see. Lock up the franchise big man before the Lakers snag him, I guess they did learn one lesson.
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Report: Magic to sign F-C Howard to contract extension
July 12, 2007
ORLANDO, FLORIDA (TICKER) -- Now that Rashard Lewis is on board, the Orlando Magic apparently are on the verge of locking up Dwight Howard as well.
The Magic likely will announce Thursday that they have signed Howard to a five-year contract extension worth $85 million, according to a report on the Orlando Sentinel's web site.
The team could not confirm the report, but the Magic have a news conference scheduled for Noon EDT.
The announcement would come a day after the Magic introduced Lewis, who was acquired in a sign-and trade deal with the Seattle SuperSonics.
The Sentinel reported that Lewis agreed to a six-year deal worth an estimated $118 million. It would be the largest contract in franchise history and the fourth-biggest current contract in the NBA.
The Magic then immediately turned their attention to Howard, the top overall draft selection in 2004. Orlando coach Stan Van Gundy told the newspaper that he is looking forward to guiding a team built around the 21-year-old Howard and the 27-year-old Lewis.
"We have our two cornerstones now," Van Gundy said. "Now you build a team around them."
Despite averaging 17.6 points per game last season and grabbing more rebounds than any player in the NBA over the last two campaigns, Howard still is only scratching the surface of his limitless potential.
The 265-pound Howard is a fascinating blend of power and agility, as was evidenced by his 29-point, 17-rebound performance against the Detroit Pistons in Game Four of the first round of the playoffs.
Howard, who doesn't turn 22 until next December, also has shown flashes of immaturity and must continue to improve his offensive repertoire in the post.
The 6-10 Lewis averaged a career-high 22.4 points and 6.6 rebounds in 60 games last season, his ninth in the NBA. The 2005 All-Star was drafted by the Sonics out of high school in 1998 and has increased his scoring average in all but one season.
The Magic went 40-42 last season and earned the eighth seed in the Eastern Conference. They were swept in four games by the top-seeded Pistons in the first round of the conference playoffs.
