The Orlando Magic and New York Knicks have discussed trading guards J.J. Redick and Iman Shumpert, per Alex Kennedy of Hoopsworld. Another report insists that the Magic have insisted on a first-round pick in any deal for Redick, per Marc Stein of ESPN. And yet another report indicates that the Milwaukee Bucks are interested in Redick and have offered Luc Mbah a Moute and a first-round pick, per Ken Berger of CBS Sports.com.

One deal that has been proposed is Mbah a Moute and a first-round pick to Orlando for J.J. Redick, who will be a free agent this summer, multiple league sources say. The belief is that Milwaukee would only do that deal if they moved Ellis first.

The interest in Redick continues to heat up as he is enjoying his finest NBA season with a career-high 15.3 points per game through the Magic's first 48 games this season. Redick is also averaging a career high in minutes played with 31.6 and is shooting over 40 percent from three-point land while averaging a career-high six attempts per game. The Magic could not be selling any higher on Redick, if the team decides to move him.

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