Terms were not disclosed, but ESPN reported that the 42-year-old former Dallas Mavericks assistant had agreed to a four-year deal.

"Within the NBA coaching community, Jamahl is considered a rising star," Magic president of basketball operations Jeff Weltman said.

"His coaching path is rooted in player development. He is a communicator and connector, and we look forward to him leading our group."

It marks the first head coaching job for Mosley, who spent the past seven seasons as an assistant to former Mavericks coach Rick Carlisle.

He also had stints as an assistant in Cleveland (2010-14) and Denver (2005-10).

The Magic had narrowed down their candidates to Mosley and Denver Nuggets assistant Wes Unseld Jr, who remains a leading candidate to take over the Washington Wizards.

The Magic and Steve Clifford mutually parted ways last month after finishing 21-51 in 2020-21.

Clifford compiled a 96-131 record in three seasons in Orlando.

Due to a series of mid-season trades, the Magic have entered a re-building mode.

Orlando have two lottery picks in the 2021 NBA Draft and potentially $30 million ($A40 million) in cap space to build a team around a young core of Cole Anthony, Mo Bamba, Wendell Carter Jr and Chuma Okeke along with returning starters Markelle Fultz and Jonathan Isaac, who both had season-ending injuries.

Mosley played collegiately at Colorado, averaging 11.4 points per game in 103 contests (79 starts) from 1997-2001.

Australian Associated Press