Armstrong played the bulk of his 14-season NBA career in Orlando, suiting up for nine seasons with the team from 1994-03. He still ranks second in franchise history in total steals (830), third in total assists (2,555), and fifth in games played (502).
Breaking out in his age-30 season, Armstrong averaged 13.8 points, 6.7 assists, 3.6 rebounds, and 2.2 steals per game, mostly off the bench. For his performance in that strike-shortened 1999 season, he won both Most Improved Player and Sixth Man of the Year honors.
"It is an honor to be recognized for the things I did in Orlando, and I am especially proud as a player who wasn’t drafted," Armstrong said in a statement through the team. "I am not only excited that the organization is rewarding me, but I am also thankful to the fans there as well. Magic fans always had my back and supported me. It is a great honor and I share this with them."
The induction ceremony will be held during the team's game against the Dallas Mavericks on Feb. 21. As it happens, Armstrong made 114 appearances over two seasons with Dallas, marking his second-longest tenure with an NBA team.