Free agency has arrived for the Orlando Magic as they made their move to maximize their flexibility and give themselves the best chance to add the last key player to reach contention.

The team declined team options for Moe Wagner and Caleb Houstan to create this flexibility and allow them to access the mid-level exception. But the Magic should still want to bring back Wagner and Houstan to the roster.

That desire already limits what the Magic can do as free agency begins Monday. How does it? I explain the limitations created by the non-taxpayer and taxpayer mid-level exception and what the Magic are looking to get. And who the Magic might target as free agency begins.

0:00 Intro: Setting the table for free agency

5:46 Magic decline Wagner and Houston's options

11:51 Explaining the NBA salary cap and exceptions

17:33 Magic's limited spending options for free agency

22:10 Potential free agent targets for the Magic

28:48 Possibility of trades involving Isaac or Bitadze

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