In a stunning move that signals a major shift for both franchises, the Orlando Magic have acquired Desmond Bane from the Memphis Grizzlies in exchange for a package loaded with veteran talent and future draft capital, according to ESPN.
Trade Details
- Orlando Magic receive:
- Desmond Bane
- Memphis Grizzlies receive:
- Kentavious Caldwell-Pope
- Cole Anthony
- 2025 No. 16 overall pick
- 2026 first-round pick (via Phoenix)
- 2028 unprotected first-round pick (Orlando)
- 2030 unprotected first-round pick (Orlando)
- 2029 first-round pick swap (lightly protected)
Orlando is sending to Memphis the No. 16 pick in the 2025 NBA Draft, Phoenix’s first-round pick in 2026, Magic 2028 unprotected first-rounder and Orlando’s 2030 unprotected first, sources said. Pick swap is lightly protected in 2029. https://t.co/DeWziUWLkv
— Shams Charania (@ShamsCharania) June 15, 2025
This deal marks one of the largest draft hauls in recent memory for a non-superstar player, underscoring how highly Orlando values Bane’s fit alongside Paolo Banchero and Franz Wagner.
The Magic have been building steadily through the draft and defense, but their half-court offense and perimeter shooting have lagged behind. Bane, who averaged 21.8 points and 5.5 assists last season while shooting nearly 40% from three, gives them a dynamic shot creator and floor spacer who can thrive on or off the ball.
Pairing Bane with Banchero and Wagner gives Orlando a versatile, high-IQ trio that can grow together and compete now. The cost was steep, but the Magic are betting that Bane’s age (26), contract control, and skill set make him worth the price.
For the Grizzlies, this trade is about retooling around Ja Morant and Jaren Jackson Jr. after a disappointing, injury-riddled season. Caldwell-Pope brings championship experience and elite perimeter defense, while Cole Anthony adds scoring punch off the bench.
But the real prize is the draft capital. With four unprotected firsts and a pick swap, Memphis now has the flexibility to build through the draft or package assets for another star down the line.
