Channing Frye, Magic Agree On $32M Contract

ESPN is reporting that the veteran forward Channing Frye has agreed to a four-year, $32 million deal with the Orlando Magic.

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Frye started all 82 games for the Phoenix Suns last season, averaging 11.1 points and 5.1 rebounds in 28.2 minutes per game.

"I'm extremely proud of my time as a Phoenix Sun, but definitely extremely excited to be going to Orlando," Frye told ESPN.com. "Can't wait to embrace the culture and the city of Orlando.

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Last week the Magic waived longtime point guard Jameer Nelson.