Magic will send Ryan Anderson to Hornets

The Orlando Magic are in advanced talks with the New Orleans Hornets about a sign-and-trade deal that would send restricted free agent Ryan Anderson to New Orleans for 27-year-old center Gustavo Ayon, the Orlando Sentinel has learned from league sources.

Anderson, a 24-year-old power forward, was on the verge of signing a lucrative offer sheet for four years and, according to Yahoo! Sports, about $36 million with the Hornets. Magic general manager Rob Hennigan decided it was not prudent to match an offer sheet because of the long-term salary-cap implications.

So, instead of seeing Anderson sign with the Hornets and the Magic receiving no assets in return, Orlando decided to discuss a sign-and-trade deal with New Orleans.

– Reported by Josh Robbins of theĀ Orlando Sentinel