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The Orlando Magic extended the contracts of second-year players Dwight Howard and Jameer Nelson through the 2007-08 season.

The franchise is building around Howard, who is averaging 15 points and 12 rebounds this season and has started all but one game since joining the NBA. The 20-year-old also averaged a double-double his rookie year, joining Emeka Okafor as the first rookies to accomplish that feat since 1992-93.
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They actually picked up their team option for the 07-08 season. They didn't sign contract extensions yet. That must mean the Nets could do that for Nenad now.

Pick up the option Thorn!
 

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DareToBeYinka said:
Nenad will be S&T'ed for 4 draft picks.
Yeh..Thorn will comit suicide..
 
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