Orlando Magic to make major announcement at 1:30 p.m.

Updated:

ORLANDO, Fla. - Officials with the Orlando Magic say they will be making a major announcement Friday afternoon.

The announcement will be made at 1:30 p.m.

The Magic have not disclosed what the announcement will be about.

Many are speculating that the announcement will be that Ryan Anderson is named NBA's Most Improved Player.

WFTV will be there and will update this story as it develops.