It would surprise no one if J.J. Redick were moved before the February trade deadline, but there's no urgency on the part of the Magic, a source tells Ric Bucher of 95.7 The Game (on Twitter). Many have speculated that the Magic will move the 28-year-old guard as the club isn't likely to contend in the next couple of years.
After a rough 5-10 start, Orlando has gone 6-3 and would like to stay competitive for as long as they can this season. If Redick is moved, it will be for a younger talent and/or a draft pick, acqusitions that won't help in the short-term. Also, the potential suitors for Redick aren't anywhere near making their best offer. The likeliest trade partners include the Bulls, Grizzlies, Timberwolves, Bucks, and Jazz.
The Bulls were interested in Redick as a free agent and Memphis is said to have expressed recent interest in him. Bucher hasn't heard directly that Minnesota, Milwaukee, and Utah have talked to Orlando, but he writes that Redick fits their systems and/or fills a need.
Recently, Steve Kyler of HoopsWorld opined that he didn't see a Redick deal as likely because the guard fits with the culture that the Magic are trying to establish. Redick is in the final season of a three-year, $20.19MM contract.