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.