Orlando Magic working on Hedo Turkoglu buyout

The Magic are working on a buyout agreement with Hedo Turkoglu, plan on giving second-round pick Romero Osby a chance to make the team and likely will invite as many as four more players to their training camp, according to a source close to the club.

If the Magic and Turkoglu can reach an arrangement, Turk will be waived. He then can become a free agent, eligible to negotiate with any other NBA team or play overseas.