"Orlando and Washington are engaged in serious discussions for a trade that would send Gilbert Arenas to the Magic, league sources told Yahoo! Sports. Arenas has privately told people for days that he believes a deal will soon send him to Orlando, where he’ll be reunited with Magic general manager Otis Smith, a friend and mentor from Arenas’ days with the Golden State Warriors. Sources said Orlando has escalated its pursuit of a deal in recent days. After losing five of their past six games, the Magic have shown more urgency to find a perimeter scorer who can help them stay a viable contender in the Eastern Conference. Still unclear was whether Orlando would send the expiring contract of Vince Carter as part of the package or build a trade around longer-term contracts, including that of backup center Marcin Gortat, sources said. The Wizards also have been angling to get a first-round pick in return, sources said."