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Magic free agent signee Frye excited to be part of rebuilding process

The Orlando Magic have completed their biggest free agency acquisition this summer with the signing of veteran Channing Frye.

Frye agreed to a four-year, $32 million deal last week, but officially signed with the Magic on Monday. Along with the signing of veteran Ben Gordon last week, the addition injects a veteran presence back into a locker room that lost Jameer Nelson and Arron Afflalo.

In Frye that means a coveted 6-foot-11 forward that general manager Rob Hennigan says he hopes will give the Magic offense the ability to stretch the floor.

The Magic also announced a minor deal with Chicago in which they acquired the contract of forward Anthony Randolph, two future second-round draft picks and cash in exchange for the draft rights to Milovan Rakovic.