Orlando Magic

Founded: 1989
Team Owner: RDV Sports, Inc.
Head Coach:Scott Skiles
Team Icon: Tracy McGrady
Overall Record: 1002-1000
D-League Affiliate: Erie BayHawks
Championships: nada
Arena: Amway Center
Arena Capacity: 18,846
Arena Co-Tenants: Orlando Predators (AFL), Orlando Solar Bears (ECHL)
City: Orlando, FL
Website: www.orlandomagic.com
Orlando Magic

Orlando was awarded an expansion franchise in 1989, but actually had a name all picked out before they were confirmed to have the team. Never hurts to be a little cocky I guess, especially in the basketball universe. 

To get their name the prospective owners held a name the team contest. Hundreds of names were submitted with Challengers, a reference to the region's space program, being the most popular. The ownership group must not have been too keen on naming their team after a space shuttle, and instead decided to go with Magic as their team name.

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