Magic opt for cap space, waive vet Jameer Nelson (Yahoo Sports)

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The Orlando Magic's final link to their old regime is now gone. The Magic waived Jameer Nelson on Monday, parting ways with their longest-tenured player in a move to save valuable salary cap space and turn a page toward the future. Nelson's departure comes just weeks before the team would have owed him $8 million for the final year of a three-year contract. In a statement released by the team, Nelson thanked the Magic management and ownership, adding that he'd miss the fans that embraced him and ''made it easy for us to adopt Orlando as our second home.'' ''I appreciate the opportunity the Orlando Magic has afforded me and my family over the past 10 years,'' Nelson said.




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