Following a disappointing end in the postseason, the Magic agreed to send veteran guard Kentavious Caldwell-Pope, Cole Anthony and four unprotected first-round picks (the 2025 No. 16 overall pick plus selections in 2026 via Phoenix Suns, 2028 and 2030) along with a 2029 first-round pick swap to the Memphis Grizzlies in exchange for Desmond Bane.

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.

The Orlando Magic are sitting on the couch watching the Oklahoma City Thunder face the Indiana Pacers in the NBA Finals, but there's a chance in the foreseeable future for them to be in the same situation.