Sources: Channing Frye agrees to $32 million deal with Magic
Free-agent forward Channing Frye has reached agreement on a four-year, $32 million contract with the Orlando Magic, league sources told Yahoo Sports.
Frye had opted out of the final season of his contract with the Phoenix Suns to become an unrestricted free agent. Frye passed on his player's option for $6.8 million in the 2014-15 season, which would've been the final year of an original five-year, $30 million deal.
The Suns had wanted to bring Frye back, but the Magic offer proved too attractive to turn down.
After the diagnosis of an enlarged heart caused Frye to miss the entire 2012-13 season, he had a remarkable comeback season for the Suns. He played 82 games, averaging 11.1 points, 5.1 rebounds and shooting 37 percent on 3-pointers.
Frye, 31, is still a coveted commodity for his ability to spread the floor at 6-foot-11 and consistently make 3-point shots. His skill set has never been so highly valued in the league. Across eight seasons in the NBA, he's shot 38.5 percent on 3-pointers.
