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Orlando Magic Trade To Acquire Markelle Fultz From Sixers

In what's been an active day of players moving from place to place as the NBA Trade deadline closes, one of the last minute reports to go out was Markelle Fultz being traded to the Orlando Magic:

Adrian Wojnarowski reports:

Orlando is trading for Markelle Fultz, league source tells ESPN. The Magic are sending Jonathan Simmons, a first-round and a second-round pick to the Sixers, per sources.

Woj adds more details:

Orlando Magic president Jeff Weltman and GM John Hammond consider the Fultz acquisition as a low-risk, high-reward proposition. Magic will proceed with his arrival as long-term project and like chances w/ Steve Clifford and his staff getting to work with the former No. 1 pick.