5:23PM: In a tweet from Orlando Sentinel reporter Josh Robbins, the Magic have in fact not decided whether or not they'll trade Dwight Howard. No action will be made until the team has hired a new general manager, and that person has sat down with Howard and discussed the center's thoughts moving forward.
4:13PM: The whirlwind in Orlando continues. According to Chris Sheridan of SheridanHoops.com, the Magic are prepared to trade Dwight Howard "sooner rather than later." A source told Sheridan that the decision was made after a meeting in Michigan last week between the team's president and owner.
The Magic will look to strike a deal after next week's lottery, when teams have a better idea of what they have, and are capable of moving.
Recently named to the league's All-Defense and All-NBA first teams, Howard is currently recovering from back surgery, but when healthy is still one of the league's best players, and the most attractive option on the trade market.