The Orlando Magic have signed rookie guard Devyn Marble.

The draft rights to Marble (56th overall pick), along with Evan Fournier, were acquired from Denver in exchange for Arron Afflalo on June 26.

Marble (#11, 6’6”, 200, 9/21/92) played in 136 career games during four years at the University of Iowa, averaging 12.5 ppg., 3.4 rpg., 2.9 apg. and 1.29 stlpg. in 27.6 minpg. 

The Orlando Magic have agreed upon a two-year, $5.5 million deal with Luke Ridnour.

The second year of Ridnour's deal is non-guaranteed.

Ridnour spent parts of last season with the Milwaukee Bucks and Charlotte Hornets.

The Chicago Bulls will trade Anthony Randolph and two second round picks to the Orlando Magic to clear additional cap space.

Randolph will be waived by the Magic.

The Bulls are trying to fit in Pau Gasol and Nikola Mirotic into their salary cap.

The Orlando Magic and Channing Frye have agreed upon a four-year, $32 million deal.

Frye sat out the entire 12-13 NBA season, but played in all 82 games last season with the Phoenix Suns and shot 37 percent on 432 three-point attempts.

Frye turned 31 in May.

Marvin Williams is solidly in line to reach a contract agreement after the top free agents sign.

Williams is receiving interest from the San Antonio Spurs, Miami Heat, Washington Wizards, Charlotte Hornets, Los Angeles Clippers, Orlando Magic and Phoenix Suns.

Williams averaged 9.1 points for the Utah Jazz last season.

The Orlando Magic have waived guard Ronnie Price.

Price played in 31 games (two starts) last season with the Magic, averaging 2.4 ppg., 2.1 apg. and 1.4 rpg. in 12.2 minpg.

Originally undrafted by an NBA franchise, Price has appeared in 425 career NBA regular season games (35 starts) with Sacramento, Utah, Phoenix, Portland and Orlando.

Ben Gordon has agreed to a two-year, $9 million contract with the Orlando Magic.

Gordon played in just 19 games last season with the Charlotte Bobcats, posting a PER of 6.4

Gordon is a career 40.2 percent shooter from three.