
According to "Florida Today" (!), the Sonics are still trying to work out a sign-and-trade with the Orlando Magic for Rashard Lewis, who announced his intentions to bolt town last week:
ORLANDO - Hoping to clear enough salary-cap space so they can retain center-power forward Darko Milicic, the Orlando Magic continued sign-and-trade negotiations Friday with the Seattle SuperSonics.
The Magic have already convinced small forward Rashard Lewis, 27, to sign with a five-year, $75 million deal with them on Wednesday. Now, Orlando is looking to maneuver so that it can hang on to the 7-foot Milicic to fortify the frontline.
Keeping Milicic is of importance because the Magic have only Dwight Howard, Tony Battie, Pat Garrity and James Augustine along the frontline.
The Magic are trying to peddle the expiring contracts of Carlos Arroyo ($4 million), Garrity ($3.8 million) and Keyon Dooling ($3.5 million) to the Sonics. They are willing to sweeten the deal by including one or more future first- and second-round draft picks.
Read the rest here.
I can see why the Magic would like to do this, but it would mean half the Sonics roster would basically be over-paid stiffs. Granted, it would pay off huge in 2008 when all the contracts (except Wally World's) expire, but it would effectively make this year's squad a poor man's
Pittsburgh Pisces.