The Orlando Magic waived veteran guard C.J. Watson on Monday, hours before the deadline to guarantee the final year of his contract.
Watson’s final year of his three-year, $15-million contract was guaranteed for just $1 million of the $5 million he was owed if he was cut before the end of July 10. With the Magic having limited cap room and little use for C.J. Watson after signing D.J. Augustin last summer and then Shelvin Mack this summer, his waiving seemed inevitable.
Watson simply never lived up to the Magic’s hopes for his relatively reasonable contract.