Mar 21, 2025; Washington, District of Columbia, USA; Orlando Magic guard Gary Harris (14) looks on before the game against the Washington Wizards at Capital One Arena. Mandatory Credit: Reggie Hildred-Imagn Images Reggie Hildred-Imagn Images

Orlando Magic Cut Ties With Two NBA Players After Grizzlies Trade

Originally posted on Fastbreak on SI | By Ben Stinar | Last updated Jun 17, 2025 12:03 AM ET

The Orlando Magic have already made the first major trade of the 2024-25 offseason by acquiring Desmond Bane (via the Memphis Grizzlies).

Following the move, Michael Scotto of HoopsHype reported news about Gary Harris and Cory Joseph.

Via Scotto: "Just In: The Orlando Magic have declined team options for Gary Harris ($7.5 million) and Cory Joseph ($3.47 million) for the 2025-26 season as part of the Desmond Bane trade, league sources told @hoopshype."

Just In: The Orlando Magic have declined team options for Gary Harris ($7.5 million) and Cory Joseph ($3.47 million) for the 2025-26 season as part of the Desmond Bane trade, league sources told @hoopshype. pic.twitter.com/DmmUnPt3ai
— Michael Scotto (@MikeAScotto) June 17, 2025

Joseph is coming off his first season with Orlando.

The 2014 NBA Champion had averages of 3.5 points, 1.5 rebounds and 1.4 assists per contest while shooting 40.3% from the field and 36.4% from the three-point range in 50 games.

Harris had been with the Magic for five seasons.

The former Michigan State star finished this past year with averages of 3.0 points and 1.3 rebounds per contest while shooting 38.3% from the field and 35.6% from the three-point range in 48 games.

Via Evan Sidery of Forbes: "Harris will hit unrestricted free agency as a potential veteran minimum target for multiple contending teams in need of wing depth."

The Magic declined their $7.5 million team option on Gary Harris, per @MikeAScotto.

Harris will hit unrestricted free agency as a potential veteran minimum target for multiple contending teams in need of wing depth. pic.twitter.com/wLXY6P6yyC
— Evan Sidery (@esidery) June 17, 2025