Report: Nets, Magic, Trailblazers Discuss Three-Team Trade

Updated: 3:00 P.M. EST

As reported by Yahoo’s Adrian Wojnarowski:

https://twitter.com/#!/WojYahooNBA/status/147040191301943296

Orlando Magic are taking Dwight off the market. For now. So we’ll have to see. Orlando is really under no deadline to make any Dwight Howard trade before the start of the season, so this news does not shock me.

The Nets meanwhile can try and obtain other assets to try and sweeten the deal possibly.

This is an ongoing process and things are likely to change by the day. We will update as we see fit.

https://twitter.com/#!/ESPNSteinLine/status/146957507854729216

As reported by ESPN’s Marc Stein and Chad Ford, the Nets, Trail-Blazers and Magic are in discussions for a three-team trade that would land Dwight Howard in New Jersey.

The deal would include Nets’ Brook Lopez and Blazers’ Gerald Wallace as the two principle pieces Orlando receives. Orlando would also be able to shed the long-term contracts of Hedo Turkoglu and Chris Duhon, which the Nets would absorb.

Portland could receive up to three draft picks in the deal, as reported by Yahoo’s Adrian Wojnarowski.

We will update as the situation develops.

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