The Orlando Magic and veteran point guard Patrick Beverley are working on a contract buyout, according to Shams Charania of The Athletic and Stadium.

Along with a 2024 second-round pick and cash considerations, Beverley was dealt from the Los Angeles Lakers to the Magic prior to Thursday’s NBA trade deadline in exchange for center Mo Bamba.

Beverley appeared in 45 games for the Lakers this season following an offseason trade with the Utah Jazz.

Although Beverley started each of the 45 games he played in for the Lakers and averaged 26.9 minutes per contest, his production left plenty to be desired.

His 6.4 points per game were his fewest since his rookie season with the Houston Rockets in 2012-13, and he averaged just 3.1 rebounds, 2.6 assists and 1.2 three-pointers made per game. Also, Beverley shot only 40.2 percent from the field and 34.8 percent from three-point range.

The 34-year-old Beverley brought veteran leadership and quality perimeter defense to the table, but he became expendable when the Lakers added guards D’Angelo Russell and Malik Beasley, as well as forward Jarred Vanderbilt, at the trade deadline.