Magic rumors: Grizzlies, Bulls, Pacers interested in J.J. Redick

Orlando Magic guard J.J. Redick is still one of the most-likely players to be traded today, and the Memphis Grizzlies, Chicago Bulls, Indiana Pacers, Milwaukee Bucks and Minnesota Timberwolves are among the teams that have expressed interest in the three-point shooter, according to Adrian Wojnarowski of Yahoo! Sports.

The Magic would like to keep Redick in the fold beyond 2013 by re-signing him this summer. However, Wojnarowski believes they won’t be able to offer the pending free agent his best offer.

Redick’s agent will reportedly be seeking a four-year, $40 million deal. While this probably isn’t realistic, Wojnarowski does believe the guard could end up with a multi-year contract with an average annual salary in the $7 million range.

If they were to trade him, the Magic are currently asking for a first-round pick and good young player in return, and teams are hesitant to make that deal. But as the deadline approaches someone is likely to ante up or Orlando will reduce its asking price in order to facilitate a transaction.

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