A person with knowledge of the move says that Toronto and Orlando have agreed on a trade that will send Serge Ibaka to the Raptors for Terrence Ross and a 2017 first-round pick.
The person told The Associated Press Tuesday that the deal is awaiting league approval. The person spoke on condition of anonymity because neither team had publicly announced the move.
Yahoo Sports first reported the agreement.
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Ibaka will be a free agent this summer. Ross is in the first year of a three-year, $31 million contract.
Ibaka averaged 15.1 points and 6.8 rebounds for the Magic this season. Ross averaged 10.4 points and 2.6 rebounds with the Raptors, who entered Tuesday tied for the fourth-best record in the Eastern Conference.
Oakley's ban lifted
NEW YORK - A person briefed on the discussions tells The Associated Press that Madison Square Garden has lifted its ban of Charles Oakley.
The person who spoke to the AP on Tuesday on condition of anonymity because the discussions were to remain private says the former Knicks star who was arrested at a game last week is welcome back at the arena.
Madison Square Garden chairman James Dolan banned Oakley on Friday, two days after the former power forward had an altercation with security guards while attending a game.
But the sides reconciled quickly, helped by a meeting Monday at NBA headquarters with Commissioner Adam Silver and Hall of Famer Michael Jordan. Jordan and Oakley were teammates in Chicago before Oakley was traded to New York, where he became a fan favorite with the Knicks from 1988-98.
CLEVELAND - Cavaliers All-Star forward Kevin Love will be out at least six weeks following knee surgery.
Love had the operation on his left knee Tuesday in New York. The Cavs said he will be sidelined approximately six weeks, which would have him returning by April 1. The playoffs start later that month.
The 28-year-old had complained of soreness and had swelling in his knee following Saturday's win over Denver. Love is averaging 20 points and 11.1 rebounds for the defending NBA champions, who are in Minnesota to play their second-to-last game before the All-Star break.
Love, who recently missed some games with back spasms, has been having his best season with Cleveland. Following two seasons of drama and trade rumors, he has blended in with stars LeBron James and Kyrie Irving.
Love's absence will put further stress on Cleveland's depth and could force general manager David Griffin to make a major move before the Feb. 23 trading deadline.
Welcome to the G-League
SALT LAKE CITY - The NBA Development League will be renamed to the NBA Gatorade League for the 2017-18 season.
NBA deputy commissioner Mark Tatum says the agreement also allows the "G-League" to take advantage of Gatorade's Sports Science Institute. Tatum says the league will use the institute's "sports science expertise and knowledge to enhance player performance in our game" through nutrition, training and other advances.
Gatorade senior vice president and general manager Brett O'Brien listed several examples: testing for a player's sweat type and amount, if they are a fat burner or carbohydrate burner, recovery advances and joint health.
The league also remains a testing ground for changes that could be implemented into the parent league.