The Orlando Magic, already in serious trade talks with the Washington Wizards about acquiring Gilbert Arenas, have agreed to a deal in principle with the Phoenix Suns, according to league sources. The trade returns former Magic star Hedo Turkoglu, along with Jason Richardson and Earl Clark, to Orlando in exchange for Vince Carter, Marcin Gortat, Mickael Pietrus, a 2011 first-round pick and cash considerations. Orlando, losers of five of its last six games, is also close to acquiring Arenas for Rashard Lewis, sources said. Magic president Otis Smith told The Associated Press on Saturday that he has had serious talks this week with the Wizards about acquiring Arenas. Smith said he would rate the aggressiveness of the talks at an "eight out of 10" but that "nothing is imminent." He would not talk specifics of the potential deal with The AP. The two teams have been discussing a deal involving Arenas off and on since last summer. Read more: http://sports.espn.go.com/nba/news/story?id=5932861
