The Orlando Magic have signed Admiral Schofield to a Two-Way contract.
Schofield originally signed a 10-day contract via hardship exception by the NBA on December 17, then to a second 10-day contract on December 27.
In addition, the Magic have waived two-way guard Mychal Mulder.
Mulder was originally signed as a free agent to a two-way contract by Orlando on October 26. He played in 15 games (two starts) this season with the Magic, averaging 3.7 ppg. and 1.4 rpg. in 13.0 minpg.