12:19pm: The Magic are asking for “a bundle” in return for the shooting guard, tweets Rick Bonnell of The Charlotte Observer. The Hornets remain interested in acquiring Afflalo, a reality that Bonnell notes has been “no secret” for months.
9:39am: The Bulls are pursuing a trade with the Magic to acquire shooting guard Arron Afflalo, league sources tell Adrian Wojnarowski of Yahoo! Sports. League executives believe Orlando is prioritizing a trade of Afflalo over reaching an agreement on an extension with the shooting guard. Afflalo has two years and $15MM total left on his contract, but owns an early termination option for the 2015/16 season.
The Bulls are considered a front-runner for landing Carmelo Anthony this offseason, and a trade for Afflalo could complicate that pursuit. Wojnarowski writes that it is unclear how the Afflalo movement in Chicago is affecting their thinking about Anthony. A league source told Adam Zagoria of SNY.tv that the Bulls are the most likely destination for Anthony, but Chicago would need to shed major salary to acquire Anthony as is, let alone if Afflalo was another permanent piece on the books.
At 29, Afflalo is one of the oldest players on a Magic roster loaded with youth. The Magic are still in the process of a rebuild that started when Dwight Howard departed, and aren’t expected to contend at least for another year. That combination led to Afflalo’s reported openness to being traded to a contender.