Gordon was waived by the Warriors on Wednesday, two weeks after the team signed him, the San Jose Mercury News reports.

EDGE Analysis

The 11-year NBA veteran's stint with Golden State was shorter than expected. He only played in two preseason games, averaging 1.0 point and 1.0 assist in 8.3 minutes. Gordon was competing with several guards with non-guaranteed contracts for a roster spot including the likes of Jarrell Eddie, Chris Babb, Ian Clark, and Juwon Slaten. The 32-year-old will now look to find his way onto a roster looking for veteran depth, although the opportunity may not come for some time.

Gordon played just six minutes in the Warriors' preseason opener Tuesday, his debut with his new team.

EDGE Analysis

We're looking for a bigger role for Gordon on Thursday when the Warriors play the Trail Blazers in their second preseason tilt. Gordon's a somewhat interesting subplot in the Warriors' preseason. A one-time high-volume shooter/scorer that's fallen off the last three seasons is trying resurrect himself on the world champions' deep roster. He's looking for backup shooting guard minutes along with Leandro Barbosa (15 points, 15 minutes Tuesday) and a reconstituted Brandon Rush (five points, 16 minutes).

Gordon will become an unrestricted free agent after the Magic declined the team option for 2015-16, Adrian Wojnarowski of Yahoo Sports reports. Gordon averaged 6.2 points per game for the Magic last season. This option clears up $4.5 million in cap space and gives them $14.5 million total to work with. The 32 year-old signed a two-year deal last July.

Gordon is unlikely to return to Orlando next season, the Orlando Sentinel reports. Gordon's contract is unguaranteed for next season, and considering he saw limited time in only 56 games in 2014-15, the Magic are unlikely to keep him around. The 32-year-old, once a very productive shooting guard, may have enough left in the tank to help a contender, but he's not a great fit for a young team like Orlando and hasn't been given a chance to see consistent minutes since 2012-13, when he played 75 games for the then-Bobcats.

Gordon scored 13 points (5-9 FG, 1-4 3Pt, 2-2 FT) in 19 minutes off the bench on Tuesday against the Rockets. It's the most he's played since January 14th against the aforementioned Rockets. Gordon didn't play in the previous three games, but with Evan Fournier (hip), Willie Green (back), Devyn Marble (eye), Tobias Harris (ankle), and Dewayne Dedmon (ankle) all injured, the Magic are down to 10 healthy players. Luke Ridnour is ahead of him in the rotation, subduing talk of a potential resurgence. Doubly concerning, the Magic play two games during Week 22 (March 23-29), diffusing Gordon's long-term appeal.

Gordon saw three minutes of action against the Bucks on Thursday. Gordon is an afterthought in Orlando as he's one of the last options off the bench on a team that's focused on procuring their young talent. This trend isn't expected to change at any point this season, leaving Gordon with very limited value unless he sees a change of scenery before the year comes to an end.

Gordon will be active for Thursday's game against Milwaukee, Josh Robbins of the Orlando Sentinel reports. Gordon has not played in each of the Magic's last two games, and he saw just 12 total minutes in the previous two contests. The 31-year-old is averaging just 6.7 points per game in 15.1 minutes.

Gordon was inactive during Sunday's game against the Pacers. Coach Jacque Vaughn plans to rotate guys in and out of the active roster now that all 15 players are healthy. Gordon played in the previous 33 games, but his fantasy value is limited due to lack of minutes.

Gordon is averaging 9.3 points in 16.1 minutes per game over the last four contests. He's also shooting 61 percent from the field and 60 percent from downtown in those games. Gordon is shooting a career-high 48 percent from the field this season. It appears the change in scenery and limited minutes are doing wonders for his touch as he tries to shed negative perceptions of his character. However, his fantasy upside is limited since he's averaging 2.3 combined rebounds, assists, steals, and blocks in 31 games.

Gordon scored 16 points (7-11 FG, 2-4 3P) with three rebounds in 23 minutes off the bench Monday. He got some extra court time early in the game when Evan Fournier left to get stitches, but Magic coach Jacque Vaughn stuck with the hot hand, and the result was Gordon's best scoring performance of the season since opening night. Unless an injury opens up a bigger spot in the rotation for him though, Gordon's fantasy value is limited.