Murphy was waived by the Magic on Sunday, Jeff Goodman of ESPN reports.

EDGE Analysis

Murphy was vying for a reserve shooting guard or small forward spot with the Magic, but was buried on the depth chart behind the likes of Aaron Gordon, Jeff Green, Mario Hezonja, and Evan Fournier. He'll still have a chance to get picked up by another team, but his fantasy value will still be quite low unless he finds a way to get consistent minutes.