The Orlando Magic are finalizing a trade to send point guard Shabazz Napier to the Portland Trail Blazers for cash, an NBA source told the Orlando Sentinel.
Napier, 24, had fallen out of the Magic's plans after a subpar 2015-16 season with the Magic.
Napier figured to be Orlando's fourth point guard this upcoming season, and NBA teams rarely, if ever, carry four point guards on their rosters.
The Magic are set at the position.
The team agreed to a multi-year deal with D.J. Augustin on the opening day of free agency to serve as a backup to starter Elfrid Payton. The Magic also have C.J. Watson, who missed half of last season with a calf issue.
Once the trade of Napier is complete, the Magic will have salary commitments to 12 players for the upcoming season: Augustin, Bismack Biyombo, Evan Fournier, Aaron Gordon, Jeff Green, Mario Hezonja, Serge Ibaka, Devyn Marble, Jodie Meeks, Payton, Nikola Vucevic and Watson.
Those commitments add up to approximately $102.5 million in salaries for the 2016-17 season.
The Trail Blazers needed point-guard depth behind Damian Lillard.
Orlando acquired Napier last summer from the Miami Heat for a 2016 conditional second-round pick. The Magic never had to convey that selection.
Napier appeared in 55 games last season for Orlando. In 10.9 minutes per game, he averaged 3.7 points and 1.8 assists.
Napier originally was drafted by the Heat in the first round of the 2014 NBA draft.