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.

The Magic will acquire guard-forward Desmond Bane from the Memphis Grizzlies in exchange for guard Cole Anthony, guard Kentavious Caldwell-Pope and multiple future first round draft picks, a league source told the Sentinel.

The NBA Finals might still be happening, but the offseason is starting to kick into gear with the first blockbuster of the summer.