The Memphis Grizzlies and Orlando Magic finalized a major trade during the early NBA offseason, involving guard Cole Anthony. According to ESPN’s Shams Charania, the Magic acquired guard Desmond Bane from Memphis, sending Kentavious Caldwell-Pope, Cole Anthony, and four first-round draft picks to the Grizzlies. This trade marks a significant move for both teams as they prepare for the coming seasons.

Salary Cap Effects and Roster Adjustments for Memphis

This deal slightly reduces Memphis’s salary obligations, as Desmond Bane is projected to make $36.7 million in the 2025-26 season, while Caldwell-Pope and Anthony together account for $34.7 million. The Grizzlies also gain considerable future draft capital, holding their own picks from 2025 through 2029 along with additional picks from Phoenix and Orlando in select years.

Team Rosters After the Trade

The Grizzlies’ backcourt now includes Ja Morant, Cole Anthony, and Scotty Pippen Jr., providing depth alongside Kentavious Caldwell-Pope at shooting guard. Their forward and center positions feature players like Jaren Jackson Jr., Brandon Clarke, Zach Edey, and Jay Huff. Meanwhile, the Orlando Magic will slot Desmond Bane alongside Jalen Suggs to strengthen their guard lineup, with support from Cory Joseph and Gary Harris.

Future Draft Assets Positioned to Influence Memphis’s Long-Term Strategy

Memphis’s accumulation of multiple first-round picks through 2030 gives the franchise valuable flexibility to build its roster further or use these assets in future trades. The addition of Caldwell-Pope and Anthony adds experienced depth, balancing out the impact of losing Bane while managing salary cap considerations.