Magic Trade For Wizards' Gilbert Arenas, Suns' Jason Richardson

A mammoth NBA trade sends Gilbert Arenas, Hedo Turkoglu and Jason Richardson to the Magic, Rashard Lewis to the Wizards and Vince Carter and Marcin Gortat to the Suns.

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The Magic-Suns-Wizards Trade: A Full Breakdown Of Saturday's Blockbuster

Saturday's reported three-way deal between the Orlando Magic, Phoenix Suns, and Washington Wizards can rightly be described as a blockbuster. With several stars and large assets heading in different directions, things have grown somewhat confusing. Here's a complete breakdown of what, according to the latest reports, each team will receive.

MAGIC RECEIVE:
Jason Richardson from Suns
Hedo Turkoglu from Suns
Earl Clark from Suns
Gilbert Arenas from Wizards

WIZARDS RECEIVE:
Rashard Lewis from Magic

SUNS RECEIVE:
Vince Carter from Magic
Marcin Gortat from Magic
Mickael Pietrus from Magic
2011 first-round pick from Magic
$3 million in cash from Magic

These moves are according to reports from Yahoo! Sports' Adrian Wojnarowski and ESPN's Chris Broussard. Our own blogs have immediately weighed in on this trade. First, from our own Orlando Pinstriped Post, which first broke the Arenas-to-Magic possibility:

[Richardson] strikes me as the most significant player in this trade from Orlando's perspective, as his ability to knock down open three-pointers and elevate for jump shots off the dribble should boost its weak offense.

[...] The bigger draw, from a narrative perspective, is Turkoglu's return to Orlando. The Magic acquired Carter following their 2009 NBA Finals run ostensibly to upgrade Turkoglu's spot on that team, with Turkoglu departing in free agency a few weeks later. When viewed this way, the Magic had a second chance to choose between Carter and Turkoglu, and this time they sided with Turkoglu.

Arenas was the Wizards' franchise player, but he seemed unhappy in Washington in recent times, and at this point the team is likely happy to be relieved of his salary. Our Wizards blog, Bullets Forever, takes a look at Rashard Lewis, the player they'll receive in return:

Lewis has two years left after this year on a maximum contract signed in the summer of 2007.  He is scheduled to make $21.1 million in 2011/12 and $22.7 million in 2012/13.  However, Lewis' salary is only initially for $10 million in that final year and only escalates if he meets performance incentives, according to Sham Sports.  Arenas has three years and $62 million left on his deal after this year.  At best, the Wizards will save about $31 million over the course of the contract.  At worst, they will save around $18 million.  However, they won't get anything else back in the trade.

If this trade goes final as reported, the Suns will walk off with a lot of pieces. Our Suns blog, Bright Side of the Sun, is not terribly excited.

Well folks, it looks like a done deal. Welcome the Polish Hammer, Marcin Gortat along with Vince "My Knee Hurts" Carter. So long Jason Richardson - you've been fantastic. Hedo, we hardly got to know you and don't fully blame you for not fitting on this team.

[...] Essentially, the Suns are sacrificing this season to get Marcin Gortat and perhaps one more year of Mickael Pietrus along with a Orlando's first round pick which will be in the mid-to-late 20's.

This mammoth trade is not yet official, but with so many sources reporting it, it certainly begs attention. Follow along with this StoryStream, which we'll be updating when we learn more.

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Magic To Send Vince Carter, Mickael Pietrus To Suns For Jason Richardson, Hedo Turkoglu, According To Report

As trade talks between the Magic and Wizards have heated up in recent days, the Phoenix Suns have emerged as a third player. According to a source cited by Adrian Wojnarowski of Yahoo! Sports, the Magic are moving to trade away Vince Carter, Mikhael Pietrus, Marcin Gortat, a draft pick, and cash to the Suns, and are set to receive Jason Richardson, Hedo Turkoglu, and Earl Clark in return.

Orlando will send PHX Carter, Gortat, Pietrus, a 1st round pick and $3 million for Richardson, Hedo and Earl Clark, source tells Y! Sports.

Wojnarowski notes that this appears to be a precursor for a trade with the Wizards involving Gilbert Arenas...

The Magic will surround Dwight Howard with Arenas, Hedo and Jason Richardson as they try to make themselves title contenders again.

...but this trade is certainly a large one by its own right. So far this season, Richardson has ranked second on the Suns with 19.7 points per game. Carter, meanwhile, is still a big name who has scored 16.9 per game this season.

The Magic are off to a 16-9 start in 2010-11. Complementing their centerpiece, Dwight Howard, with Jason Richardson, would make for a formidable 1-2 punch on both sides of the ball. And if they can complete the puzzle and bring Gilbert Arenas to Orlando, well, it would make for the most dramatic roster change outside of Miami.

For all the latest on these trades, stay tuned to our Magic blog, Orlando Pinstriped Post, our Suns blog, Bright Side of the Sun, and our Wizards blog, Bullets Forever.

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Gilbert Arenas-To-Magic Talk Heats Up Again; Deal Could Happen Saturday

Weeks ago, our Magic blog, Orlando Pinstriped Post, reported that the team was in talks to acquire the Washington Wizards' Gilbert Arenas. The noise died down on the story until Friday, when multiple sources reported that a trade between the Wizards and Magic, with or without Arenas, could go down as soon as Saturday. From Orlando Pinstriped Post:

A reliable source has indicated to Orlando Pinstriped Post that the Orlando Magic could make a trade using "major pieces" as soon as tomorrow, pegging the chances of such a deal occurring at "70-to-80, almost 90 percent." This news comes shortly after Adrian Wojnarowski of Yahoo! Sports reported the Magic and Washington Wizards have moved close to a trade that would send Wizards shooting guard Gilbert Arenas to Orlando, likely in return for Vince Carter and a combination of "longer-term contracts" including backup center Marcin Gortat.

On-court, Arenas has shown frustration as of late, having earned a technical and committed a bad foul near the end of the Wizards' loss to the Spurs on Thursday night. Over at Bullets Forever, Mike Prada says that while he loves Gil, trading him away could be for the best at this point.

Meanwhile, Orlando Pinstriped Post dwells on Arenas' potential value for the Magic:

Indeed, concerns abound about Arenas' fit with the current Magic club, given his inefficient offense, well-documented inattentiveness on defense, and his contract.

[...] On the other hand, Arenas has still shown he can get a shot off. Perhaps too well. But on an Orlando team with a stagnant, unimpressive offense so far this season, Arenas could provide a perimeter scoring option, though I contend that Carter is still better suited for that task than Arenas.

We'll update this StoryStream if and when talks between the two teams progress. In the meantime, be sure to check out Orlando Pinstriped Post and Bullets Forever for all the latest.

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