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Orlando Signs O’Neal, Matches Offer for Roberts

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From Staff and Wire Reports

Shaquille O’Neal, first pick in the 1992 NBA draft, signed a contract with the Orlando Magic on Friday that reportedly is worth $40 million over seven years.

The deal is thought to be the most lucrative in team sports history.

The 7-foot-1, 300-pound center from Louisiana State is the most-heralded NBA prospect since Kareem Abdul-Jabbar--then known as Lew Alcindor--joined the league in 1969.

O’Neal averaged 24.1 points, 14 rebounds and 5.2 blocked shots last season, his third at LSU.

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In signing quickly, O’Neal made it possible for the Magic to match a five-year, $15-million offer sheet extended by the Dallas Mavericks to free-agent center Stanley Roberts, a former teammate of O’Neal’s at LSU. The Magic had until midnight Friday to match Dallas’ offer to Roberts but would have been unable to do so without first signing O’Neal.

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