The Magic Hour goes from TBS to ESPN; Walton out

ESPN announced this morning that Magic Johnson will be slurpin' with Stuart Scott, Mike Wilbon and Jon Barry on the ABC "NBA Countdown" studio show this season, starting with the network telecast on Christmas Day (which involves a Lakers-Celtics rematch).
This obviously means Magic's run as a TBS studio guy with Ernie Johnson, Charles Barkley and Kenny Smith is done. It also appears to mean that Bill Walton's time is over, perhaps due to more back issues.
We'll be on a conference call with Magic within the hour with more details.
"I am thrilled to be a part of the ESPN family. I look forward to working with a great team and covering all the big NBA events," said Johnson. "Christmas Day can't come soon enough for me."
ESPN also announced it renewed a "long term" contract with Jeff Van Gundy as a game analyst with Mike Breen and Mark Jackson.
"It was a very difficult decision to forego coaching for the next five years, but I enjoyed myself so much last year working with Mike and Mark that I decided to make this long-term commitment to broadcasting with ESPN," said Van Gundy in a statement.