Updated

The Orlando Magic signed guard Ronnie Price on Thursday.

Price averaged 2.7 points, 1.9 assists and 1.1 rebounds in 39 games with Portland last season.

"We're excited to welcome Ronnie (Price) and his family to the Magic organization," Magic general manager Rob Hennigan said. "We believe Ronnie's toughness and competitive spirit, along with the varied experiences he's gained throughout his career, will impact the development of our team in a positive way."

Originally signed as a free agent by Sacramento in 2005, Price has averaged 3.5 points, 1.4 assists and 1.1 rebounds in 394 career games (33 starts) with Sacramento, Utah, Phoenix and Portland.