The Memphis Grizzlies are trading Desmond Bane to the Orlando Magic for Kentavious Caldwell-Pope, Cole Anthony, four unprotected first-round picks and one first-round pick swap, sources told ESPN on Sunday.

Orlando is sending to Memphis the No. 16 pick in the 2025 NBA draft, Phoenix’s first-round pick in 2026, plus its 2028 and 2030 unprotected first-round selections, sources said. The pick swap is lightly protected in 2029.

The move represents a massive swing for Orlando to compete in the Eastern Conference, and for the Grizzlies, an opportunity to add a championship defensive wing, backcourt depth and a major haul of draft picks.