The Los Angeles Clippers and Orlando Magic are nearing agreement on a Channing Frye trade.

Frye is signed through the 17-18 season at $7.8 million and $7.4 million.

Lance Stephenson would likely be used in the trade, as would CJ Wilcox and possibly a second round pick. Stephenson would be waived immediately by the Magic and never play for the team.

The Clippers are in a holding pattern on the trade as they explore other moves and will give the Magic a decision by Wednesday morning.

Frye is also a trade target for several teams, including the Cleveland Cavaliers.