The Magic has ended trade talks for Dwight Howard, league sources said.
The team intends to at least start the season with Howard and attempt to convince him to remain in Orlando if the club is able to achieve success on the court.
The Nets had been in pursuit of Howard and were reportedly constructing a complicated trade to acquire him. The framework of a deal was nearing completion and made its way to Magic ownership before being turned down. New Jersey was ready to take on bad contracts from the Magic and send Brook Lopez to Orlando. The Nets also would have parted with five first-round picks, four of which would have gone to Portland to entice the Blazers to send Gerald Wallace to the Magic.
If and when Orlando does decide to trade Howard, the Magic prefer the Lakers' talent, with an offer that could include both Andrew Bynum and Pau Gasol. The Lakers are more methodical when it comes to stepping through the trade process.