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Orlando Magic trade Cole Anthony, Kentavious Caldwell-Pope for Desmond Bane

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Published  June 15, 2025 12:50pm EDT
Orlando Magic
FOX 35 Orlando
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The Brief

    • The Orlando Magic have agreed to a trade with the Memphis Grizzlies.
    • What the Grizzlies get: Kentavious Caldwell-Pope, Cole Anthony, & several future draft picks
    • What the Magic get: Desmond Bane

ORLANDO, Fla. - The Orlando Magic have agreed to trade Cole Anthony, Kentavious Caldwell-Pope, and four future draft picks to the Memphis Grizzlies' for Desmond Bane – a trade that quickly sparked headlines across sports outlets on Sunday.

What we know:

Here is how the deal looks:

Orlando Magic

  • Acquire Desmond Bane

Memphis Grizzlies

  • Acquire Cole Anthony
  • Acquire Kentavious Caldwell-Pope
  • a first round draft pick in 2025 (16th overall)
  • a first round draft pick in 2026 (which includes swap rights from either Phoenix or Washington)
  • a first round draft pick in 2028
  • the swap rights to a first round draft pick in 2029 (top two protected)
  • a first round draft pick in 2030.

ESPN was first to report the agreement. 

What they're saying:

"We are very thrilled to welcome Desmond (Bane) to the Orlando Magic family" - President of Basketball Operations Jeff Weltman.

"Over his five years in the NBA, Desmond has distinguished himself as one of the elite guards in our league, and we look forward to his shooting, IQ and wide-ranging skill set in helping our team take a step forward. Desmond’s character is held in high regard across the league and we believe he will fit seamlessly with our existing players both on and off the court."

By the numbers:

Desmond Bane, 26, had a career-best 23.7 point average along with a career-high 3.3 three-pointers per game in 2023-2024. His career season led to his five-year, $207 million max contract extension with Memphis back in 2023.

The Orlando Magic moved on from former first round pick Cole Anthony, who they selected with the 15th overall pick back in 2020. Kentavious Caldwell-Pope, who is also part of this deal, was traded from Orlando after a one-year stint with the team. 

"We want to thank Cole and Kenny for their contributions to the Orlando Magic. They have been true professionals and we wish them well," Weltman said in a prepared statement.

Weltman has said in the past the franchise is taking an "aggressive, win now approach" this offseason. This move would bring Orlando a stronger presence in the Eastern Conference. 

Bane joins the core of Orlando alongside Paolo Banchero, Franz Wagner and Jalen Suggs.

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The Source: This story was written based off reporting from ESPN, the AP, and NBA stats.

Orlando Magic