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Magic Re-Sign Jonathan Isaac After Pre-Guarantee Waiver

The one-year, team-friendly return preserves cap and tax flexibility the club created by waiving Isaac so it could add other roster pieces.

Overview

  • The Orlando Magic announced Wednesday that Jonathan Isaac has re-signed with the team after being waived days earlier.
  • The club waived Isaac on June 27 before his 2026/27 salary became fully guaranteed to free roughly $6.5 million in immediate cap space.
  • Multiple outlets report the new contract is a one-year, team-friendly deal likely at or near the veteran minimum while the team declined to disclose terms.
  • Orlando used the cap room created by the waiver to sign Nikola Vucevic and re-sign Jevon Carter while keeping transactions under the NBA's second apron, and the team chose not to stretch Isaac’s old contract.
  • Isaac, a 2017 sixth-overall pick with a long knee-injury history, played limited minutes in 2025-26 and missed the final 17 regular-season games and the playoff series with a left-knee sprain so the short deal reduces the team’s financial risk and keeps a familiar defensive player on the roster.