Sources indicate the Orlando Magic have been in contact with the Washington Wizards about acquiring guard Gilbert Arenas.

What Orlando would send Washington in return for the three-time All-Star is not clear. However, proposed deals have included shooting guard Vince Carter, Wizards big man Andray Blatche, Magic forward Rashard Lewis, and Magic center Daniel Orton.

Both teams have a mutual understanding of what the trade might include, sources say, but it's unclear what factors are holding up the trade.

What is clear around the league, however, is that Magic President of Basketball Operations Otis Smith has his eye on Arenas. If Orlando is to make a major trade this season, Arenas will likely be the target.