The Orlando Magic have exercised their fourth-year team option on forward Ryan Anderson, President of Basketball Operations/General Manager Otis Smith announced today.  Per team policy, terms of the deal are not disclosed.  Anderson is now under contract through the 2011-12 season.

Anderson played in 63 games last season for the Magic, averaging 7.7 ppg. and 3.2 rpg. in 14.5 minpg., while shooting .370 (78-211) from three-point range.