Kentavious Caldwell-Pope intends to sign 3-year, $66 million deal with Magic: sources

After a narrow first-round playoff loss, the Orlando Magic upgraded their defense, durability and outside shooting on Sunday when they signed Kentavious Caldwell-Pope to a three-year, $66 million deal, according to league sources.

Caldwell-Pope, 31, is almost certainly set to join the Magic as their new shooting guard, replacing Gary Harris, whose tenure in Orlando was marred by injuries.

Caldwell-Pope could be an ideal player to complement a young lineup that includes All-Star power forward Paolo Banchero, small forward Franz Wagner and combo guard and defensive player Jalen Suggs.

Though the 6-foot-5 Caldwell-Pope hasn't received much recognition in NBA All-Defensive Team voting in recent years, he is widely regarded as one of the league's tenacious and most reliable perimeter defenders who can match up against the opponent's top wing scorers.

He is one of the league's best wing 3-point shooters. Over the past four seasons, Caldwell-Pope made 40.6 percent of his 3-point attempts on 4.5 attempts per game.

Three-point shooting was a significant weakness for the Magic last season. Orlando finished the 2023-24 regular season ranked 24th in the league in 3-point shooting percentage, making only 35.2 percent of its attempts.

In the playoffs, when the Cleveland Cavaliers packed the paint and dared the Magic to take long-range shots, the Magic knocked down just 30.9 percent of their 3-point attempts.

Caldwell-Pope made significant contributions as a starting wing on two NBA championship teams, the 2019-20 Los Angeles Lakers and the 2022-23 Denver Nuggets. But he is also known for his unselfishness; because he ranks as a low-usage wing, he should not take away shot attempts from Banchero and Wagner, while also serving as an extra ballhandler and decision-maker when needed.

Caldwell-Pope, who spent the past two seasons with Denver, is also durable. He has played 76 or 77 games in each of the past three regular seasons. He would fit in well with the Magic's strong defense, which finished the 2023-24 regular season ranked third leaguewide in defensive efficiency.

The third season in Caldwell-Pope's new deal will be a player option.

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(Photo: Matthew Stockman/Getty Images)

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