Reports: Magic will keep SG Redick

Updated: July 15, 2010, 10:48 PM ET
ESPNChicago.com news services

J.J. Redick will remain a member of the Orlando Magic, according to numerous reports.

Redick signed a three-year offer sheet worth nearly $20 million with the Chicago Bulls last week. The Magic had seven days to match and have done so, according to reports.

By inking Redick, the Magic have put themselves over the luxury-tax threshold. The Bulls' offer had been front-loaded for that purpose.

Redick averaged 9.6 points a game for the Magic last season, his best in the ...

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