The Orlando Magic waived guard Ace Baldwin on September 23 in a move that is already effective and allowed them to adjust the roster heading into training camp for the 2026/27 NBA season.
A waiver after an Exhibit 10 signing
The transaction came on the same day Baldwin signed an Exhibit 10 contract with the franchise. The Magic formalized the addition and then executed the waiver, a common preseason pattern to tie developmental players to the organization while keeping them available for the G League affiliate.
This is an official waiver, not a trade or a loan. Baldwin is off the NBA roster, although Orlando still holds his G League rights and could bring him back through Osceola Magic.
Profile and recent path
Baldwin is a 24-year-old point guard out of Penn State and Missouri who has not yet secured a stable NBA role. Last season he played 28 games for Osceola Magic, Orlando's G League affiliate, in a very limited rotation role: 1.5 points and 1.0 assist in 7.9 minutes per game.
That developmental guard profile did not guarantee a spot on a roster that also moved Ricky Council IV, Au'Diese Toney and Jarron Cumberland in similar transactions that same day.
What it means for Orlando
For the Magic, the move is not a core roster loss but a numbers adjustment before training camp opens. The franchise can still keep Baldwin inside its development ecosystem if he returns to Osceola Magic.
The transaction was logged in the official player movement feed on NBA — X oficial, while RealGM — Basketball Wiretap framed the waiver as part of the Exhibit 10 sign-and-waive block Orlando completed before finalizing its preseason roster.
