Magic sign guard Devin Cannady to two-way contract

The Orlando Magic have signed guard Devin Cannady to a two-way contract, President of Basketball Operations Jeff Weltman announced today. Cannady (6'2", 183, 5/21/96) has played in three games with Orlando, averaging 4.7 ppg. in 4.5 minpg. He originally was signed to a 10-day contract by Orlando on Apr. 6, then released from that contract …