The Orlando Magic have been downplayed as a trade destination for Toronto Raptors star Pascal Siakam, according to NBA insider Marc Stein.
The Raptors are open to trading Siakam for the right price since they are hesitant to offer him a max contract extension. Siakam is eligible for a contract extension since he has one year left on his deal.
Siakam occasionally trains in Orlando during the offseason, but it doesn’t appear the Magic will acquire the NBA champion, who averaged 24.2 points, 7.8 rebounds and 5.8 assists last season while shooting 48.0% from the field, 32.4% from beyond the arc and 77.4% from the free-throw line.
Siakam signed a four-year, $136 million rookie contract extension with the Raptors in October 2019. He will make $37.9 million next season. Toronto lost the 9-10 play-in game to the Chicago Bulls and didn’t make the 2023 playoffs. Nick Nurse was fired as head coach and replaced by Darko Rajakovic and Fred VanVleet left the Raptors for the Houston Rockets in free agency.
NBA NEWS & TRADE RUMORS: Pascal Siakam, Toronto Raptors & Orlando Magic Updates
The Atlanta Hawks and Indiana Pacers have been the two teams most prominently connected to Siakam in trade talks. Siakam has career averages of 17.0 points, 6.5 rebounds and 3.5 assists. He won the 2019 championship and the 2018-19 Most Improved Player of the Year Award.
The Hawks have been trying to trade for Siakam all offseason, sources told NBA Analysis Network, as the franchise wants to pair the two-time All-Star with star guards Trae Young and Dejounte Murray. Meanwhile, the Pacers are trying to acquire more win-now talent around rising All-Star Tyrese Haliburton.
NBA NEWS & TRADE RUMORS: Pascal Siakam, Toronto Raptors & Orlando Magic Updates
Chris Haynes of Bleacher Report and TNT reported in June that Siakam’s preference was to stay with the Raptors. However, things may have changed after Toronto didn’t offer Siakam a max contract extension.
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