With the Eastern Conference seemingly wide open next season, the Magic are making their move. Orlando acquired guard Desmond Bane from the Grizzlies in a major trade Sunday morning, ESPN's Shams Charania reports,

With the shocking news that the Orlando Magic traded for Desmond Bane from the Memphis Grizzlies, there are already some looking at the long-term impacts on the team because of the deal. While Bane's fit on the Magic might seem perfect now, NBA insider Matt Moore describes what the financial situation could look like in the near future.

The Orlando Magic traded for guard and forward Desmond Bane from the Memphis Grizzlies. The Magic gave up guards Cole Anthony, Kentavious Caldwell-Pope and a slew of future first-round picks. Independent Reporter Sean Green joined FOX 35's Garrett Wymer live via Zoom to break down the trade and whether it could be considered an overpay for the Magic,