Although Adrian Wojnarowski reports that no deal is "imminent" (none have been so far), he writes that the Magic, Lakers, 76ers and Nuggets are involved in a four-way deal that would send Dwight Howard and Denver forward Al Harrington to the Lakers, Philadelphia guard Andre Iguodala going to the Nuggets, Los Angeles center Andrew Bynum moving to the 76ers, and Los Angeles forward Pau Gasol and Denver guard Arron Affalo going to the Magic.

In addition, Woj reports, the deal includes the Magic also gaining draft picks and salary-cap relief. The deal would likely end the Nets' pursuit of Howard, who has said he wants out of Orlando before the start of next season. Although Howard is likely to be a free agent next July, the Nets won't have anything more than $3 million in MLE money to spend. Also, under the new CBA, teams like the Nets with salaries above $74.2 million cannot participate in sign-and-trades.

• Lakers, Magic in blockbuster four-team trade talks to send Dwight Howard to L.A. - Adrian Wojnarowski - Yahoo! Sports