Finishing up a busy 24-hours, the Orlando Magic agreed in principle to send big man Kyle O`Quinn to the New York Knicks in a sign-and-trade. The deal was first reported by Yahoo! Sports' Adrian Wojnarowski.
In the deal, the fourth-year big man will receive a four-year, $16 million dollar contract from the Knicks. In the deal, the New York will send the Magic cash, and the opportunity to swap second round draft picks in the future.
O'Quinn, 25, was selected in the second round by the Magic in the 2012 NBA Draft.