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Kentavious Caldwell-Pope leaves the Denver Nuggets after winning a championship last season.

NBA insider Shams Charania reported that Caldwell-Pope intends to sign a three-year, $66 million deal with the Orlando Magic.

The deal includes a third-year player option for Caldwell-Pope, providing him with flexibility.

This acquisition is significant for the rising Magic, who are adding a starting shooting guard with experience on two NBA title teams.

This past season, Caldwell-Pope averaged 10.1 points, 2.4 rebounds, and 2.4 assists in 31.6 minutes per game.

The Nuggets will now have to find a replacement for Caldwell-Pope, who played a crucial role in their championship run.