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The Orlando Magic is an American professional basketball team based in Orlando, Florida. The Magic competes in the National Basketball Association (NBA) as a member of the league’s Eastern Conference Southeast Division. The franchise was established in 1989 as an expansion franchise, and such notable NBA stars as Shaquille O’Neal, Penny Hardaway, Patrick Ewing, Grant Hill, Tracy McGrady, Steve Francis, Dwight Howard, Vince Carter, Rashard Lewis, Dominique Wilkins, and Hedo Türkoğlu have played for the club throughout its young history. As of 2018, the franchise has played in the NBA playoffs ten times. Their nickname originates from Disney World’s Magic Kingdom.
In 1989 an ownership group led by William DuPont III and Richard DeVos (as well as a minority partner who would eventually leave the group owning a controlling interest in 1993), purchased land near downtown Orlando to build an arena and bring an NBA team to Orlando. The Magic were one of the four new expansion franchises awarded by the NBA in 1987 along with the Charlotte Hornets, Miami Heat and Minnesota Timberwolves. Initially, the Magic entered into a partnership with the then-Harris Corporation to build the arena for $50 million; however, when funding for a new arena in Orange
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