"The Orlando Magic were on the verge of signing Ish Smith late Wednesday night to shore up their injury-depleted point guard spot.
To make room for Smith on their roster, the Magic waived Larry Hughes after Hughes played 14 minutes in the team's 109-103 victory over the Washington Wizards.
Smith, 23, is a truer point guard than Hughes.
Team officials decided that they needed to make a move largely because the regular starter, Jameer Nelson, is recovering from a concussion and probably won't return to playing until Monday at the earliest."