Hedo Turkoglu will opt out of his contract to become a free agent.

"It would make sense for him to opt out," Lon Babby, Turkoglu's agent said by phone. "I can't imagine a scenario in which he would not."

The Magic have wanted to avoid paying the punitive luxury tax, but team president Bob Vander Weide said recently that the club could change that stance to accommodate Turkoglu.