According to Yahoo, Arenas has been telling people for days that he believes that a trade is imminent. It’s easy to believe that the Magic would start looking for perimeter help as they’ve lost a bunch of games recently.
There is speculation that the Magic could send Vince Carter’s expiring contract to the Wizards. Or they could try to build a trade around longer-term contracts like the one for backup center Marcin Gortat.
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Arenas has four years and $60 million left on his contract. Plus, the Wizards have John Wall now, and they don’t need Arenas’ Dirty Harry impressions in the locker room anymore. They’d prefer someone a little more like Johnny Letter.