Luke Ridnour, Magic finalizing deal

In need of a third point guard, the Orlando Magic are finalizing a free-agent deal with veteran Luke Ridnour, according to a league source with knowledge of the situation.

Ridnour, 33, is expected to back up youngsters Victor Oladipo and Elfrid Payton.

Ridnour has played for four NBA franchises. He began the 2013-14 season with the Milwaukee Bucks, but he was dealt at the trade deadline to the Charlotte Bobcats.