NBA Finals are in full swing, but trade season is already here. The Memphis Grizzlies and Orlando Magic agreed to the first blockbuster of the summer, with a massive deal that aims to push the Magic into the elite tier of the Eastern Conference.

Orlando is acquiring standout Grizzlies guard Desmond Bane for Kentavious Caldwell-Pope, Cole Anthony, four unprotected first-round picks and a first-round pick swap, according to multiple reports. That includes the No. 16 overall pick in this year’s draft, per The Athletic.