Reports: Magic reach deal with C.J. Watson, send Kyle O'Quinn to Knicks in sign-and-trade

BY foxsports • July 4, 2015

The Orlando Magic shuffled their reserves Saturday, reportedly agreeing to a three-year deal with veteran guard C.J. Watson as well as sending big man Kyle O'Quinn to the New York Knicks in a sign-and-trade deal.

The deal for Watson, an eight-year pro, is for a reported $15 million over three years, according to Marc Spears of Yahoo. Watson is a career 38 percent shooter from 3-point range and shot 40 percent or better in two of the past three seasons.

FOX Sports 1 NBA Insider Adrian Wojnarowski reported O'Quinn's deal with New York is for four years and $16 million (player option in fourth year), with Orlando receiving cash considerations as well as the ability to swap second-round draft picks in 2019.

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