In two separate trades, the Magic officially acquired Gilbert Arenas, Jason Richardson, Hedo Turkoglu and Earl Clark on Saturday.

Orlando sent Rashard Lewis to the Wizards in exchange for Arenas.

Vince Carter, Marcin Gortat, Mickael Pietrus, a 2011 first round pick and $3 million in cash was sent to Phoenix in exchange for Richardson, Turkoglu and Clark.