While the Lakers are unlikely to make a major move today, the team is exploring smaller moves, according to Adrian Wojnarowski of Yahoo! Sports. Wojnarowski tweets that the Lakers are offering Steve Blake, Chris Duhon, Devin Ebanks, and Darius Morris in search of second-round picks.

Given Blake's undesirable contract, which pays him $4MM this year and next, it's unlikely that the Lakers will be able to move him without giving up a pick of their own. I'd also be surprised if L.A. could land a second-rounder for Duhon. Ebanks and Morris could draw some interest though, as both players are young and on minimum-salary contracts.

If the Lakers were to move one or two players for picks, it would give the team the opportunity for a late-season free agent addition with the free roster spot(s). Alternately, it could simply allow the team to reduce its luxury-tax bill a little.

Steve Kyler of HoopsWorld took to Twitter today to field a variety of trade-related questions from his followers. Some of Kyler's tweets were particularly notable, so let's round up the highlights below (all links go to Twitter)....

• The Lakers have kicked the tires on Pau Gasol trades in the past and are aware that any move they make would be a downgrade. Kyler notes that if the team falls out of contention, a Lamar Odom-esque salary dump is a possibility, but it's hard to imagine that happening this season.
• Even though J.J. Redick is on an expiring contract, a deal isn't necessarily likely since Redick fits the culture the Magic are trying to establish. Asked specifically about a potential swap with the Timberwolves involving Redick and Derrick Williams, Kyler says the Magic would want to include at least one bad contract in that type of move.
• The Cavaliers continue to say Anderson Varejao isn't available, but Kyler thinks the team will have to cash him in at some point.
• The Hawks still intend to re-sign Josh Smith next summer and build around him.
• Having traded most of their first-round picks in other deals, the Lakers no longer have the draft picks to facilitate a contract dump, so the team will find it difficult to move a point guard like Steve Blake or Chris Duhon.
• The Lakers have talked about the possibility of adding Mickael Pietrus, Delonte West, or Raja Bell, but nothing is close.
• Kyler also reiterates a point he's made before, saying Jimmer Fredette is unhappy with the Kings.

We heard almost a month ago to the day that the Lakers had made Steve Blake and Chris Duhon available via trade, and that hasn't changed even with Steve Nash out, according to Chris Mannix of SI.com (Twitter link). Mannix reports that the Lakers have continued to dangle the two point guards in trade talks, but, unsurprisingly, neither player is drawing much interest. Here are a few more updates out of the Western Conference:

• With Chase Budinger officially out for about three months, the Timberwolves will likely move to add a wing, tweets Jerry Zgoda of the Star Tribune. Zgoda names Mickael Pietrus, Josh Howard, and Raja Bell as possibilities, though Pietrus is seeking more than Minnesota can offer and Bell is still a member of the Jazz.
• Dirk Nowitzki's rehab on his surgically repaired knee isn't progressing quite as quickly as he'd anticipated, Nowitzki said on FOX Sports Southwest last night. Brad Townsend of the Dallas Morning News has the details.
• Following up on yesterday's report that the Rockets would send their three rookies to the D-League, Jonathan Feigen of the Houston Chronicle notes (via Twitter) that that's always been the case with Rockets rookies who aren't getting regular playing time.
• SI.com's Ian Thomsen fields questions on the Lakers, DeMarcus Cousins, the Grizzlies, and a few other topics in his latest mailbag.

A recent Marc Stein report for ESPN.com suggested that the Lakers had let it be known around the NBA that Chris Duhon and Steve Blake are available. However, according to GM Mitch Kupchak, the Lakers aren't actively seeking trades at this point. Of course, as Kupchak suggests to Ben Bolch of the Los Angeles Times, that's due in part to the calendar rather than the Lakers' roster.

"This time of year, teams are not looking to make deals," Kupchak said. "They're evaluating their team and if anything they're going to cut players as they go into the season."

Could that change when regular-season rosters are set and injuries or playing-time concerns begin to accumulate?

"Some guys may not be happy if they're not playing as much as they thought they'd play or their contract's running out and they're concerned about their next contract," Kupchak said. "It's too early right now. There's a lot of energy and excitement right here. Everybody's pretty happy. So we'll just see how it plays out the next month or two."

The Lakers' backcourt is pretty crowded for now, with nine guards in camp, including four at the point: Steve Nash, Duhon, Blake, and Darius Morris. It's a near-certainty that at least one or two of those nine guards will be cut within the next couple weeks, but the four point guards all have a reasonable claim to a roster spot. Duhon and Blake also both have guaranteed money due beyond this season, making them better candidates to be traded than released.

The Lakers have "made it clear to the rest of the league" that Steve Blake or Chris Duhon are on the trading block and could be had in a deal, according to ESPN.com's Marc Stein. No trades involving either player are imminent, but Stein wonders if the duo could draw more interest down the road when injuries begin to pile up around the league and outlooks aren't so "rosy."

Blake, 32, has suffered a dip in production since joining the Lakers two seasons ago, and still has two years remaining on his contract at $4MM annually. As such, Duhon could be the more attractive trade target for any interested teams. The 30-year-old hasn't been at the top of his game in recent years either and is also under contract for two more years, but his $3.75MM salary in 2013/14 is only guaranteed for $1.5MM.

Within Stein's piece, the ESPN.com scribe adds that if the Lakers are able to move Blake or Duhon, it's possible the team could re-add Derek Fisher to its roster, assuming the veteran point guard is still on the market. Considering the Lakers are ineligible to re-sign Fisher until March 15th, 2013, the one-year anniversary of their trade that sent him to Houston, it's very possible the 38-year-old will have found work elsewhere by then.

Eric Pincus is one of many NBA writers changing affiliations as the season approaches, heading from HoopsWorld to the Los Angeles Times, where he'll cover the Lakers. He gets a head start on his new gig in today's piece for HoopsWorld, as he wonders whether the team's improvements to its bench will be enough this season. He's got more on the Lakers, and we'll pass along that and other updates out of the Pacific Division.

• New Suns point guard Goran Dragic was "shocked" by the sign-and-trade deal that put Steve Nash in a Lakers uniform, as Marc Spears of Yahoo! Sports writes. It's a move that would have taken Suns president of basketball operations Lon Babby by surprise at the beginning of the summer, as well. "My first reaction was I can't do that," the Suns executive said. "As time went on, (Suns owner) Robert Sarver was really good and said, 'We have to make a basketball decision that's best for our franchise.' "
• Nash believes the Suns will be all right without him, as Spears writes in the same piece. "They can be a surprise team this year," Nash said. "They brought in a lot of guys who can play. They brought in some young guys and put themselves in a position to build. I think they did a great job."
• Chris Duhon isn't represented by Dan Fegan, but like former Magic teammate Jason Richardson, he wasn't surprised Orlando included him in the Dwight Howard blockbuster, Pincus reports. “I kind of anticipated being traded and it’s fortunate that I was able land in a nice spot here in L.A," Duhon said. "I’m just going to try to make the most of this opportunity."
• Pincus also sizes up the chances 6'2" guard Darius Johnson-Odom, the 55th pick this past June who's in Lakers camp on a non-guaranteed deal, has of making the regular season roster. With Devin Ebanks and Jodie Meeks penciled in as the backup two guards, and four point guards on the roster, Johnson-Odom faces long odds, Pincus opines. 
• Dwight Howard says it wasn't just his back that was affected by the herniated disk that required season-ending surgery last year, as Mike Bresnahan of the Los Angeles Times tweets. "It affected my nerves to the point where my whole left leg just went dead," Howard said.
• ESPNLosAngeles.com scribe Arash Markazi sizes up the impact new shooting coach Bob Thate could have on the Clippers.

• In a Q&A with Mike Wells of IndyStar.com, Danny Granger said that he will try to take things slow through training camp after experiencing irritation in his knee this summer. He also mentioned that he would play if the Pacers were currently in the regular season, adding that the team is just being cautionary right now.
• Paul Flannery of WEEI.com provides a comprehensive breakdown of the Celtics' moves this offseason, complete with some input from coach Doc Rivers and Danny Ainge.  
• Tyson Chandler told Tim Bontemps that his workouts with Hakeem Olajuwon have been going very well, says Marc Berman of the New York Post (Sulia link). 
• After recently signing an extension in Boston, Keyon Dooling talked about his abrupt decision to retire from the NBA (Jessica Camerato of CSNNE reports).  
• The Kamenetzky Brothers of 710 ESPN in Los Angeles took to their radio show to discuss Steve Blake's injury and the possible opportunities for Chris Duhon and Darius Morris, Kobe Bryant's ESPN ranking at number six, and Jason Terry's recent comments about the Heat and Lakers. 

• Greg Payne of ESPN Boston writes that many members of the Celtics were in Los Angeles last week to participate in team scrimmages organized by Rajon Rondo, among them being newly drafted Jared Sullinger. Today, the rookie big man elaborated on that experience, briefly talking about Fab Melo, Kevin Garnett, and also touching on concerns about his weight.    
• Ray Richardson of the Pioneer Press says that although Ricky Rubio does not have a timetable for his return, he is aiming for a return by December or early January. The Spanish playmaker had suffered injuries to his ACL and MCL during a game against the Lakers in March, and does not want to rush anything during his rehabilitation process. 
• Tim Bontemps of the New York Post writes that the rules of the new collective bargaining agreement could impact the Nets' ability to sign and bring their overseas draft picks (specifically Bojan Bogdanovic and Ilkan Karaman) to Brooklyn in the near future. 
• Antonio Daniels remains undecided about his future in the D-League, telling Keith Schlosser of Ridiculous Upside that while he wants to keep playing and possibly make an NBA comeback, he doesn't want to be taking anyone's position in the D-League either. 
• Earlier, Chris Thomasson of FOX Sports Florida reported that David Falk, the agent of Juwan Howard, was optimistic about trying to get a deal done between his client and the Heat. Falk also asserted that the 18-year-veteran strongly prefers Miami and is not considering retirement. However, with the Heat roster now at the maximum of 20, it will be interesting to see where Howard's camp goes from here. 
• According to an ESPN report via the Associated Press, the NBA is coming to terms on procedures that would penalize players for flopping. League spokesman Tim Frank says that the NBA's competition committee has engaged in discussions to implement this plan during the upcoming season. 

1:34pm: Ken Berger of CBS Sports has tweeted a number of the details on the traded draft picks in the deal. We've updated the list below to reflect the protection on those picks.

12:19pm: The Magic, Lakers, Nuggets, and 76ers have completed their trade call with the league office, making Dwight Howard a Los Angeles Laker, according to Adrian Wojnarowski of Yahoo! Sports (via Twitter). The Magic officially announced the transaction in a press release this afternoon.

The details of the massive four-team swap can be found in our post from yesterday that tracked updates as they came in. But here's a quick recap of how the deal looks from each team's perspective based on what's been reported so far, with players' 2012/13 salaries in parentheses. If anything changes when the teams make their official announcements, we'll update this post to reflect that.

Orlando Magic
Acquire: Arron Afflalo ($7,750,000), Al Harrington ($6,687,400), Josh McRoberts ($3,135,000), Maurice Harkless ($1,731,960), Nikola Vucevic ($1,719,480), Christian Eyenga ($1,174,080), protected 2014 first-round pick from Nuggets¹, protected 2015 first-round pick from Sixers², protected 2017 first-round pick from Lakers³, Warriors' 2013 second-round pick from Nuggets, conditional 2015 second-round pick from Lakers⁴
Trade: Dwight Howard ($19,536,360), Jason Richardson ($5,799,625), Chris Duhon ($3,250,000), Earl Clark ($1,240,000)

The Magic also create a trade exception worth about $17.8MM in the deal, as outlined here.

Denver Nuggets
Acquire: Andre Iguodala ($14,968,250)
Trade: Arron Afflalo ($7,750,000), Al Harrington ($6,687,400), protected 2014 first-round pick from Nuggets¹, Warriors' 2013 second-round pick

Philadelphia 76ers
Acquire: Andrew Bynum ($16,889,000), Jason Richardson ($5,799,625)
Trade: Andre Iguodala ($14,968,250), Maurice Harkless ($1,731,960), Nikola Vucevic ($1,719,480), protected 2015 first-round pick²

Los Angeles Lakers
Acquire: Dwight Howard ($19,536,360), Chris Duhon ($3,250,000), Earl Clark ($1,240,000)
Trade: Andrew Bynum ($16,889,000), Josh McRoberts ($3,135,000), Christian Eyenga ($1,174,080), protected 2017 first-round pick³, conditional 2015 second-round pick⁴

¹ The lesser of the Nuggets' and Knicks' first-rounders.
² Top-14 protected in 2015, 2016, top-11 in 2017, top-8 in 2018; if the pick still hasn't been conveyed after four years, the Magic will receive 2018 and 2019 second-rounders instead of a first-rounder. The pick cannot be conveyed until the Sixers meet their draft pick obligations to the Heat, which could delay the Magic from getting a first-round pick until 2017.
³ Top-5 protected in 2017 and 2018, unprotected in 2019. The pick cannot be conveyed until the Lakers meet their draft pick obligations to the Suns, which would prevent the Magic from getting a first-round pick if the Lakers fail to make the playoffs the next three years. If that takes place, the Magic will receive 2017 and 2018 second-rounders instead.
⁴ Top-40 protected; if the pick isn't conveyed in 2015, the Magic will not receive it.

11:18am: SI.com's Sam Amick tweets that McRoberts will be heading to Orlando in the deal, rather than to Denver. Wherever McRoberts ends up, it seems the Lakers will be shipping him out to make the salary figures work.

10:55am: Coon corrects himself (via Twitter), suggesting that Bynum's and Eyenga's salaries aren't quite enough to absorb Howard's and Duhon's. Here's how it looks from the Lakers' perspective, by my calculations:

• The team's $1,422,207 traded player exception acquired via Walton can absorb Clark's $1.24MM option.
• Bynum's $16,889,000 salary and Eyenga's $1,174,080 total $18,063,080. The Lakers can take back 125% (plus $100K) of that amount: $22,678,850.
• Howard's and Duhon's salaries ($19,536,360 and $3,250,000, respectively) total $22,786,360, just barely too much for the Lakers to absorb. So in order to take on both players, Los Angeles will have to either include another player (perhaps McRoberts or Ebanks) or figure out another way to organize the deal. Assuming, of course, that all the public salary figures for these players are accurate.

We should hear shortly how the Lakers ultimately work things out, since the conference call with the league to finalize the trade is expected to begin momentarily, tweets Ken Berger.

10:26am: Cap expert Larry Coon clarifies (via Twitter) that the trade exception the Lakers acquired when they dealt Luke Walton to the Cavaliers is big enough to absorb Clark's salary, so Los Angeles wouldn't necessarily have to send out any more players in addition to Bynum and Eyenga.

10:08am: The pick heading to the Magic from the Sixers will be lottery-protected for the first two years, top-11 protected in year three, and top-eight protected in year four, tweets Ken Berger of CBSSports.com. Since the Sixers have already dealt their 2013 first-rounder (lottery protected) to Miami, presumably the one going to Orlando would be for 2015, as Sam Amick of SI.com notes. If the Magic don't get a first-rounder from Philadelphia after four years, they'd get two second-round picks instead, tweets Berger.

9:32am: According to Steve Kyler of HoopsWorld, Josh McRoberts may be headed to Denver in the four-way deal. This makes sense, since by my calculations, the Lakers would be unable to take back Howard, Duhon, and Clark without sending out another player in addition to Bynum and Eyenga.

8:49am: The first-rounder heading from the Lakers to Orlando will be the team's 2017 pick, while the first-rounder from Denver will be the lower of the club's two 2014 first-rounders, tweets TNT's David Aldridge. It's still not clear which first-round pick will be coming from the Sixers, but it figures to be 2015's, since their lottery-protected 2013 first-rounder is ticketed for Miami.

8:26am: Duhon is definitely involved in the four-way deal, as he tells Joshua Robbins of the Orlando Sentinel (Twitter link).

FRIDAY, 7:33am: According to Spears, one of the second-rounders heading to the Magic in the trade will be the Warriors' 2013 second-round pick, from the Nuggets (Twitter link). Orlando will receive one more second-rounder, to bring their total haul to five future draft picks, tweets Kennedy.

Additionally, multiple reports indicate that the conference call with the league to confirm the blockbuster deal will happen no later than about noon eastern today.

11:30pm: Christian Eyenga is headed from the Lakers to the Magic as part of the deal, Kennedy tweets.

11:26pm: The Magic are in line for "multiple" second-round picks, writes Sam Amick of SI.com. He also says the Sixers were reluctant to give up Harkless, the 15th overall pick in the draft this past June.

10:47pm: Kennedy hears the Magic may be getting another pick to go along with their three first-rounders in the deal (Twitter link). 

10:25pm: The Nuggets could get something additional in the trade, Kennedy tweets. Berger says via Twitter that two sources have cautioned that they have not heard directly from the Magic that they've agreed to the deal. Still, the framework of the deal is in place, Berger tweets. 

9:27pm: A source tells Alex Kennedy of HoopsWorld that the Magic, Lakers, Nuggets and Sixers have agreed to the framework of a Dwight Howard deal that sends the league's top center to the Lakers (Twitter link). Kennedy tweets that he's unsure of the precise framework, but ESPN.com's Marc Stein hears that the Magic will receive Arron Afflalo, Al Harrington, Nikola Vucevic, Maurice Harkless and a future first-round draft choice from each of the other three teams in the deal. The Sixers will get Andrew Bynum and Jason Richardson. The Nuggets will get Andre Iguodala, and the Lakers will land Howard. Other players are likely to be involved as well, Stein says, although their identities are not yet known. The draft choices going to the Magic are lottery protected, Stein writes.

A conference call with the league office has been scheduled for Friday morning to finalize the deal. Progress on the deal seemed to move swiftly after news of a potential four-team trade broke this afternoon. Earlier reports suggested Gasol would go to the Magic, but that apparently has not materialized. There were also reports that the Lakers could send Devin Ebanks and Josh McRoberts out as part of the trade.

Howard and Bynum are both in the final years of their contracts. Stein hears Howard is unlikely to sign an extension with the Lakers (Twitter link). Sam Amick of SI.com reported earlier that Bynum has had no talks about an extension with the Sixers, who were willing to take him on regardless. Last month a report by Ramona Shelburne of ESPNLosAngeles.com suggested the Lakers were willing to roll the dice on Howard, thinking that being around the team's championship culture for a year would entice him to re-sign next summer. The new CBA makes it more lucrative for veterans to re-sign with their teams as free agents as opposed to inking an extension, giving Howard and Bynum further reason to wait it out.

The agreement appears to put an end to months of speculation about Howard's next destination. Howard has been in the middle of nearly constant trade talks since the lockout ended late last year. On multiple occasions he expressed a desire to be traded, and for much of the time the Nets were his primary target. When the Nets took themselves out of the running by re-signing Brook Lopez, Howard began to consider other teams, including the Lakers and Rockets. 

The move gives the Lakers an intimidating lineup featuring Howard, Gasol, Kobe Bryant and Steve Nash, strengthening already vibrant championship hopes. 

The Sixers land the second biggest name in the deal with Bynum. They give up Iguodala, a member of Team USA, in exchange for a legitimate post presence and go-to threat in the paint. They also get Richardson, who will likely step into Iguodala's small forward position.

The Nuggets send away Afflalo, whom they'd just signed to a long-term contract last year, and Harrington, who has three more seasons left on his deal, for Iguodala, a defensive stalwart who made his first All-Star team last season.

The Magic get youth, draft picks and flexibility, though perhaps not as much as they were thought to be getting in other rumored trades. They can get out of Harrington's deal after this season, since the final two years are only partially guaranteed, and they have a player option on Vucevic for 2013/14. They could have $20MM in cap space next summer, as Ken Berger of CBSSports.com notes (Twitter link).

Adrian Wojnarowski of Yahoo! Sports first reported that a four-team deal was in the works, along with the initial framework. Marc J. Spears of Yahoo! Sports reported Vucevic's involvement. Eric Pincus of HoopsWorld reported that Gasol would not be in the deal. Chris Broussard of ESPN.com reported the deal was close, and Marc Stein of ESPN.com reported the conference call had been scheduled. Jarrod Rudolph of RealGM.com, Ric Bucher of ESPN.com, and Dei Lynam of CSNPhilly.com also reported detail.  

On a day when Team USA's semifinal game against Argentina was expected to dominate the headlines, the Olympics have taken a back seat to an epic four-way trade that will see three 2012 All-Stars changing hands. In a deal that's expected to be officially agreed upon later today, the Lakers will acquire Dwight Howard, the Sixers will land Andrew Bynum, and the Nuggets will get Andre Iguodala, while the Magic acquire a package of players and picks. We already examined some of the reactions to the agreement last night, but the links continue to pour in, so let's round up a few more....

• According to Wojnarowski, the Rockets' offer for Howard included recent first-rounders, future lottery and unprotected first-round picks, and the opportunity to move bad contracts and gain cap space (Twitter links). I've maintained for a while that Houston's looked like Orlando's most logical trade partner, and none of the details about the Rockets' offer make me think otherwise.
• In response to John Hollinger's tweet linked below, Brian Schmitz stresses, via Twitter, that the Howard deal ran through Hennigan first, before progressing to Martins and the DeVos family.

Earlier updates:

• ESPN.com's John Hollinger tweets that it was likely Magic CEO Alex Martins, rather than GM Rob Hennigan, that ran the Howard deal.
• In an Insider piece for ESPN.com, Hollinger says he likes the four-way trade for three teams, but really can't understand it from the Magic's perspective.
• Sam Amick of SI.com argues that it's unfair to criticize the Magic for the deal yet, since there's a major "wait-and-see" aspect to their haul.
• With everyone wondering whether the Magic could have acquired more from the Nets a month ago, Adrian Wojnarowski of Yahoo! Sports tweets Brooklyn's final offer for Howard: Brook Lopez, Kris Humphries (on a one-year, $9.6MM guarantee), MarShon Brooks, and four unprotected first-round picks for Howard, Jason Richardson, Chris Duhon, and Earl Clark.
• Bynum had been open to re-signing with the Lakers, but was also very receptive to signing with a team where he could earn more touches, according to Sam Amico of FOX Sports Ohio. Acquiring Bynum and his Bird Rights makes the Sixers the overwhelming favorites to retain him long-term, as I suggested earlier this week.
• The Howard trade is the latest bitter pill for the Mavericks' front office to swallow, writes Jeff Caplan of ESPNDallas.com.
• National NBA fans may consider the Dwightmare to be over, but Brian Schmitz of the Orlando Sentinel says Howard's departure could haunt Magic fans for years.