Magic GM Hennigan Out After 5th Losing Season – The Orlando Magic fired general manager Rob Hennigan on Thursday after a five-season tenure without a playoff appearance, team CEO Alex Martins announced. Assistant general manager Matt Lloyd will take over as interim GM and will be considered for the full-time job. The team is slated to have the No. 5 overall pick with a 10.3 percent chance of winning next month’s draft lottery. Assistant general manager Scott Perry was also fired. Coach Frank Vogel, who led the Magic to a 29-53 record and their fifth straight last-place finish in the Southeast Division, is in the first year of a long-term contract and is expected to be retained. Hennigan, 35, was the NBA’s youngest general manager.