Magic exercise third-year option on Cole Anthony Posted Oct 5, 2021 The Orlando Magic exercised its third-year option on guard Cole Anthony on Tuesday, extending his contract through the 2022-23 season. The Magic selected Anthony as the 15th overall pick in the 2020 NBA draft after he played one season at UNC. The first two seasons for a first-round pick are fully guaranteed but the last two seasons are team options. (Tar Heel Tribune)