11:07pm: The trade is official, according to the Magic, who announced that the pick they acquired is a 2020 second-rounder.
10:42pm: The Lakers, rumored to be interested in purchasing their way back into this year’s draft, have acquired the No. 46 overall pick from the Magic, reports Shams Charania of The Athletic and Stadium. The Magic will receive a future pick and cash considerations from the Lakers in return.
The Lakers need to get over the cap to finalize the Anthony Davis trade with the Pelicans in order to complete the deal on July 6.
With the No. 46 overall selection, the Magic selected Iowa State swingman Talen Horton-Tucker for the Lakers.