Orlando acquired sweet-shooting swingman Desmond Bane for veterans Kentavious Caldwell-Pope, Cole Anthony, and a smorgasbord of future first-round picks, headlined by an unprotected first-rounder from the Phoenix Suns in 2026.

The Magic are sending guards Kentavious Caldwell-Pope and Cole Anthony along with four first-round picks and a pick swap to the Memphis Grizzlies for guard Desmond Bane. ESPN's Shams Charania first reported the news.

On Sunday morning, the Magic received Desmond Bane from the Memphis Grizzlies in return for Kentavious Caldwell-Pope, Cole Anthony, four first-round picks and a pick swap. Hours later, Bane reacted to the trade on social media and didn't have any words to say, so he just used a sunshine and cool face emoji, likely describing the weather in Orlando.