ORLANDO, Fla. (AP) -The Orlando Magic traded the No. 54 pick to the Houston Rockets for cash hours before Thursday's NBA draft.
The move left Orlando with one second-round selection - No. 44. Last year, the Magic traded what would have been a first-round pick to Detroit in the Darko Milicic-Carlos Arroyo deal.
For Orlando, the start of free agent negotiations Sunday will be far more significant than the draft. The team wants to quickly re-sign Milicic, a restricted free agent, then pursue a scorer with the salary cap room they have left.
The team still doesn't know whether Grant Hill will return. His expiring 7-year, $93-million deal freed up cap room this year.

Top NBA Public Bets

NBA Top Stories

Thumbnail Knicks vs. Trail Blazers Prediction Are the Trail Blazers laying too many points to the Knicks tonight at 10:00PM ET?
Thumbnail Grizzlies vs. Spurs Prediction Are the Spurs a safe bet to cover against the Grizzlies tonight at 8:30PM ET?
Thumbnail Clippers vs. Mavericks Prediction Will tonight's Clippers and Mavericks matchup fly over the betting total at 8:30PM ET?
Thumbnail Raptors vs. Heat Prediction Will the Heat cover as a home favorite tonight against the Raptors when the two teams square off at 7:30PM ET?
Thumbnail Suns vs. Nets Prediction Will the Nets cover the spread tonight as a rare favorite when they host the Suns at 7:30PM ET?

NBA Team Pages