Jaylen Wells

Several teams contacted the Grizzlies about Desmond Bane before they decided to trade him on Sunday, but nobody was as aggressive as the Magic, sources tell Tim Bontemps of ESPN. Orlando is determined to become a title contender and faced a glaring need to improve its three-point shooting after finishing last in the league in that category at 31.8%.

Bane is a 41% shooter from beyond the arc for his career and connected at 39.2% in 69 games last season. The 26-year-old shooting guard projects to be a perfect complement alongside Jalen Suggs in the Magic’s backcourt and should be more productive than Kentavious Caldwell-Pope, who was Orlando’s major addition last summer.

“He’ll be a good fit,” an assistant coach told Bontemps. “There’s not a lot of guys that you would want to grab as your third option that can do it to the level that he can do it.”

Even so, Bontemps notes that there was surprise throughout the league about the price the Magic were willing to pay to acquire Bane. In addition to Caldwell-Pope and Cole Anthony, they gave up four first-round picks and a 2029 pick swap, including the 16th selection in this year’s draft.

Orlando also took on a significant financial commitment with Bane, who has four years and $163MM left on his contract. The Magic are likely facing huge tax bills in the future, especially once Paolo Banchero‘s upcoming extension kicks in. One scout suggested to Bontemps that Memphis may have been relieved to unload Bane’s contract.

“[The Grizzlies] did that extension before the new second apron rules kicked in and they were looking at that deal and liking it less,” he said. “Really good guy, good player, but [I] never thought of him as a max guy.”

Bontemps notes that Memphis general manager Zack Kleiman promised changes after being swept in the first round by Oklahoma City, and Sunday’s deal was the first step in that direction. A complete rebuild doesn’t seem likely, as sources told Bontemps that Ja Morant and Jaren Jackson Jr. aren’t expected to be dealt, but more moves appear to be coming as the franchise tries to clear up cap room to renegotiate and extend Jackson’s contract before he reaches free agency in 2026.

With the Grizzlies shifting to an up-tempo approach under new coach Tuomas Iisalo, Bontemps hears they’re confident that Jaylen Wells can become a long-term starter. The second-round pick is coming off an outstanding first season, averaging 10.4 PPG and finishing third in the Rookie of the Year voting.

Memphis is also happy with the cache of draft assets it received in the deal, particularly the 2026 selection that will almost certainly be the less favorable pick between Phoenix and Washington. Considering the current state of those two teams, there’s a chance the Grizzlies could wind up with an early pick in a very strong draft.

Bontemps adds that the uncertainty at the top of the East could inspire several teams to emulate Orlando by making a big deal, and there’s a league-wide feeling that numerous trades could take place by draft night.

“For them, they got to give themselves a chance,” one executive said. “They have gone to the playoffs two years in a row and had a first-round exit, and they look around and they’ve got a young group that’s trying to figure out how to take the next step.”