Shams: Mutual interest between Klay Thompson, Magic

The long-rumored suitor for Klay Thompson has now been explicitly reported. After the Orlando Magic lost Game 7 to the Cleveland Cavaliers and a flamethrowing Donovan Mitchell, their focus turns to their substantial cap space this summer.

Orlando can open up around $60 million in cap space this summer with relative ease, one of the very few competitive rosters in the NBA capable of that. With that in mind, The Athletic's Shams Charania reported Monday that there is "mutual interest" between Klay Thompson and the Magic.

"The Magic can open up in excess of $60 million in cap space this offseason, so they're gonna be players when you think about free agency and other moves that can be made, you look at scoring in Game 7, obviously struggled a little bit to score the ball, especially in the second half of the game when the Cavs and Donovan Mitchell kept coming for them," Charania said.

"So you look at the point guard position, but also shooting and scoring on the wing and one name to keep an eye on Klay Thompson. I'm told there is mutual interest between the Magic and Klay Thompson.

"Thompson, along with several other vets around the league are looking at the Magic of the situation where if you plug in a guy like Klay Thompson, you plug in another veteran player whether it be at the point guard position, shooting guard position, this team can make a real jump around Paulo Banchero and Franz Wagner. Both guys, Paulo Banchero already a star, already a guy that's been a part of team USA. Franz Wagner has the ability to potentially be an All-Star as well. But you plug in some more shooting and scoring. I think that's what can take this Orlando team to another level."