The Magic have signed free agent guard Ronnie Price giving them another veteran reserve in their backcourt.

Team officials announced the signing on Thursday. If Price serves in a point guard capacity he will likely be the Magic's third option behind starter Jameer Nelson and possibly rookie Victor Oladipo if he continues to successfully transition to the position in the NBA as he showed the potential to do during summer league play.
Price 30 appeared in 39 games last season with Portland and is joining the fifth NBA team of his eight-year career. Price was undrafted in 2005 but has since appeared in 394 career games with Sacramento Utah Phoenix and Portland.
He has career averages of 3.5 points 1.4 assists and 1.1 rebounds.