The Orlando Magic have discussed a deal sending injured center Kelvin Cato and a future first-round pick to Detroit for power forward Darko Milicic and point guard Carlos Arroyo.

Magic assistant general manager Otis Smith told FLORIDA TODAY on Friday the deal was in the works. Tuesday, he denied an ESPN.com report the deal was close to finalized.

"I don't have a deal at this time," Smith said. "It's still a ways away. It's 50-50 right now."

Adding Arroyo would give the Magic five point guards on the roster and could trigger another blockbuster move involving Steve Francis. Denver and New York are rumored to have interest in the three-time All-Star.

The holdup is the protection of the draft pick the Magic would be giving up. Orlando wants to retain the pick if it is one of the top seven of this June's draft. If that happens, Detroit would get the Magic's 2007 draft pick.