The Orlando Magic will match Chicago's three-year, $19 million offer sheet for guard J.J. Redick.

The Magic will make their intention known Friday ? the last possible day -- but NBA sources familiar with the front-office thinking of the Magic confirmed their decision Thursday afternoon.

"They aren't letting go of J.J.,'' said the source.

This move will put The Magic's payroll at around $84 million and cost them $15 million in Luxury Tax payments with one player to sign to reach the 13-man roster requirement.