HoopsHype Hidayet Turkoglu rumors


January 4, 2014 Updates
January 3, 2014 Updates

The Orlando Magic have waived forward Hedo Turkoglu, General Manager Rob Hennigan announced today. Turkoglu played in 497 regular season games with Orlando from 2004-09 and 2010-13, averaging 14.5 ppg., 4.5 rpg. and 3.9 apg. in 32.7 minpg. He also appeared in 49 playoff games with the Magic, averaging 14.4 ppg., 4.5 rpg. and 4.5 apg. in 38.0 minpg. Turkoglu earned the NBA’s Most Improved Player Award in 2007-08 and helped Orlando reach the 2009 NBA Finals. NBA.com

The Orlando Magic will waive veteran small forward Hedo Turkoglu today at 5, according to NBA sources. Turkoglu, 34, will become a free agent and able to sign with any other team. The move by the Magic was expected. The club had until next Tuesday to waive Turkoglu -- or be on the hook for his full $12 million salary instead of a guaranteed $6 million. Orlando Sentinel

Turkoglu and the Magic had agreed that Turkoglu would not play or practice with the team until his contractual situation was resolved. He did not fit into their rebuilding plans. The Magic had been trying to reach a buy-out agreement with Turkoglu, who was serving a second stint with the Magic. NBA sources say that Turkoglu, who has been working out at Rollins College, wants to continue his playing career. Orlando Sentinel

January 2, 2014 Updates

I'm told Turkoglu, incidentally, remains determined to relaunch his NBA career later this month when he is finally waived by the Magic or any other team that happens to trade for him in the next five days. The 34-year-old will become a free agent Jan. 10 after clearing waivers and has been working out on his own away from the team all season after Turkoglu and the Magic mutually agreed that he would not join the rest of the squad while they tried to find him a new home. ESPN.com

December 23, 2013 Updates

Turkoglu has been working out privately in Orlando, as the Magic have asked him to stay away from the team and the word is he is in reasonable shape and wants to play this season. It’s unlikely that any team that trades for him will consider keeping him, but it does seem like within the next 35 days or so he will be hitting free agency one way or another. HoopsWorld

If the Magic cannot find a trade for Turkoglu, they will likely release him once his guarantee is met and save the remaining $6 million themselves. The Magic tried to reach a structured buyout with Turkoglu this summer, but he was unwilling to surrender any money to the Magic and they opted to hang on to him hoping his contract structure would become a trade chip once most of his guarantee is met, which is now almost a month away. HoopsWorld

November 25, 2013 Updates
September 27, 2013 Updates

Hedo Turkoglu remains on the Orlando Magic’s roster for now, but his days playing for the team are over. Although team officials and Turkoglu’s camp have not reached a buyout deal, both sides have agreed that Turkoglu will not be with the team when it convenes for the start of training camp Tuesday or at any time after that. “Our organization has a great deal of respect for Hedo and the contributions he’s made to the team over the years,” Magic General Manager Rob Hennigan told the Orlando Sentinel. Orlando Sentinel

September 8, 2013 Updates

Hidayet Turkoglu and Turkish national team didn’t met the expectations in Eurobasket 2013, however Orlando’s forward can have the chance to turn the tables in the upcoming season by becoming a member of the biggest basketball project in his home country, Fenerbahce/ Ulker. As Mirsad Turkcan, the team manager, told to Eurohoops in Koper, Slovenia, it’s not easy, but the contacts between the two sides are still ongoing: “We already completed the team. The roster is completed with the only possible exception the case of Turkoglu. At this point he is locked in Orlando, if he gets released, he will maybe want to come back. He is my friend, he is a very big player, but he still has a contract. We need to fix a lot of things in order to get him and I don’t think it will be easy. You never know what will happen. We are already speaking about it the last two or three weeks, it’s not done yet and it’s not easy”. EuroHoops.net

September 2, 2013 Updates

The Magic are working on a buyout agreement with Hedo Turkoglu, plan on giving second-round pick Romero Osby a chance to make the team and likely will invite as many as four more players to their training camp, according to a source close to the club. As expected, Turkoglu and the team have been trying to arrange a buyout with the 13-year veteran small forward. He does not figure into the team's rebuilding plans at age 34. Only half of his $12 million salary for next season — the last year of his contract — is guaranteed. Orlando Sentinel

If the Magic and Turkoglu can reach an arrangement, Turk will be waived. He then can become a free agent, eligible to negotiate with any other NBA team or play overseas. There are reports that Turkoglu has an offer with a team in his native Turkey if he decides not to stay in the NBA or is unable to sign a deal. Orlando Sentinel

Any rumor missing? E-mail us at   hoopshype@hoopshype.com.