NBA Trade Rumors: Orlando Magic have First-Round Offers for J.J. Redick

The Orlando Magic are trying to unload guard J.J. Redick, but they’re asking a high price in exchange for him. The Magic are seeking a first round pick at the very least for Redick and so far they haven’t been able to fool anyone into trading a high first rounder for him. However, according to Adrian Wojnarowski of Yahoo! Sports, the Magic do indeed have first round offers for Redick, they’re just not very high ones.

So far the Bucks, Timberwolves and Knicks have been linked to possible trades for Redick with the Bulls and others also in the mix. However despite all the teams that have ben floated in rumors, no one has pulled the trigger on a trade and some teams are even pulling out of the running. The New York Post reported this morning that the Knicks have ended trade talks with the Magic and many believe the Bulls were only inquiring about Redick, despite fans wanting a trade for the guard to be done.

Milwaukee has come the closest to acquiring Redick but their offer was reportedly rejected by the Magic as they weren’t comfortable with Luc Mbah a Moute’s contract situation.

However, the Spurs, Pacers, Bucks and Pistons as well as the Wizards have all shown interest in trading for Redick before the deadline today. The only question is how much will they be willing to give up if Orlando asks for more than just a first rounder?

A deal still could be done but for now it’s looking like the Magic will have to lower their asking price significantly for Redick.