Posted by Sabrina B. @gametimegirl
TheÂ Orlando Magic andÂ Washington Wizards are discussing a deal that would sendÂ Gilbert Arenas to Orlando, multiple league sources confirmed to SI.com on Friday.
While Arenas-to-Orlando has been talked about in the past, sources say the Magic have initiated this round of discussions. Orlando has lost five of its last six games — including double-digit losses to Milwaukee, Utah, Portland and Denver — and fallen behind Boston, Miami and Chicago in the Eastern Conference standings.
It is still unclear what kind of package the Magic would offer in exchange for Arenas. An Arenas-Vince Carter swap would work under the salary cap. In that deal Washington would be freed from the remaining three-years and $62 million on Arenas’s contract. While Carter is earning $17.3 million in the last year of his deal.
But one source said the Wizards aren’t inclined to just dump Arenas in exchange for salary cap relief. That would mean Washington could look to recieve a No. 1 pick from Orlando or perhaps build a package around players under contract, such as backup centerÂ Marcin Gortat.
Another source stressed that any deal for Arenas, which was first reported byÂ Yahoo! Sports, is not considered imminent.
League sources believe Orlando is growing desperate to make a move. The Magic have a $94.7 million payroll and despite a dominant early season performance fromÂ Dwight Howard, have struggled to live up to expectations. Arenas is a risk — he has had three surgeries on his left knee and is coming off a 50-game suspension for bringing guns into the Wizards locker room — but is a unique talent with explosive offensive ability. In 21 games this season Arenas is averaging 17.3 points.
Written By Chris Mannix,Â Full Story here