Channing Frye is reportedly joining the Magic. (USATSI)
Channing Frye is reportedly joining the Magic. (USATSI)

More Offseason Analysis: Updating Free Agency news | Top 40 free agents

Yahoo Sports reports that the Orlando Magic have reached a four-year, $32 million agreement with veteran stretch four Channing Frye

Frye, 31, averaged 11 points and five rebounds last season for the Suns. He hasn't shot worse than 34 percent from 3-point range in the past five seasons, and outside of missing 2013 with a heart condition that was found, he hasn't played fewer than 64 games in a season. 

The move is one to improve for the Magic, adding a veteran shooter. The question after the Magic's draft, which included non-shooter point guard Elfrid Payton and non-shooter 3/4 Aaron Gordon, was how they would put the ball in the basket. Now they have a legit stretch four to spread the floor next to Nikola Vucevic, along with versatile scorer Tobias Harris

The contract is at good value, as well. Frye was targeted by several contenders including the Warriors, Suns and Rockets, as well as the Cavaliers. Frye's $8 million per year deal means that if the experiment in Orlando doesn't work, they can retool fairly quickly, packaging Frye, Ben Gordon's one-year-guaranteed, two-year, $9 million deal along with a pick for an upgrade or take on money if they look to rebuild further through the draft. 

And if it works, it could be great. Frye is a phenomenal shooter off the catch, in the 93rd percentile of all pick and pop shooters last season, according to Synergy Sports. With the athleticism of Payton, Oladipo, Gordon and Vucevic around him, along with Harris, the Magic could take a step forward. He's also a positive force in the locker room, something that several league insiders have hinted could be useful in Orlando's young locker room.