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.

Desmond Bane finally broke his silence after the news dropped about the blockbuster trade between the Orlando Magic and Memphis Grizzlies.

The Orlando Magic made June's first big splash in the NBA offseason, landing Desmond Bane from the Memphis Grizzlies in a deal that means it is "all-in" on a title hunt.