Overview
- The team announced it waived Reece Beekman, Lester Quinones, Javonte Smart and Phillip Wheeler while converting Colin Castleton’s Exhibit 10 deal to a two-way contract.
- Orlando now carries 14 players on standard contracts plus three two-way players, with Castleton joining Orlando Robinson and Jamal Cain.
- As a two-way player, Castleton can be active for up to 50 regular-season games and is slated to earn $636,435 in 2025/26, reportedly non-guaranteed until January and not counted against the cap.
- Waived players who join Osceola in the G League would be eligible for a $85,300 Exhibit 10 bonus after 60 days if they do not secure another NBA deal.
- Castleton, a former Florida Gator and Osceola contributor, logged 26 NBA appearances last season and posted 17.4 points and 10.6 rebounds per game in 17 contests with Osceola.