Orlando receives: Desmond Bane Memphis receives: Kentavious Caldwell-Pope, Cole Anthony, the No. 16 pick in the 2025 NBA Draft, a 2026 pick swap (the highest spot of the Magic, Suns, and Wizards), two more unprotected first round picks (2028 and 2030), and a 2029 first-round pick with Orlando.

Magic Trade for $197 Million Star, Swap Underperforming $66 Million Vet Plus Haul originally appeared on Athlon Sports.

The Orlando Magic are serious in building a competitive group around Paolo Banchero. On Sunday, the Magic traded away Kentavious Caldwell-Pope, Cole Anthony, four unprotected first-round picks and one first-round pick swap to the Memphis Grizzlies.