Hornets in Talks for Sign-and-Trade for RFA Ryan Anderson

ORLANDO, FL - MAY 05: Forward Ryan Anderson of the Orlando Magic celebrates against the Indiana Pacers in Game four of the Eastern Conference Quarterfinals in the 2012 NBA Playoffs at Amway Center on May 5, 2012 in Orlando, Florida. Anderson won the leagues most approved player award. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Marc Serota/Getty Images)

UPDATE via Woj:

So $9M per. I still ain't complaining.

UPDATE via ESPN:

[T]he Hornets and Orlando Magic are closing in on agreement on a sign-and-trade deal that will send Magic forward Ryan Anderson to New Orleans to play alongside prized rookie Anthony Davis.

The Hornets were in talks to sign the restricted free agent to an offer sheet... in the $8 million range.

The Times-Picayune reported that the Magic will receive young Hornets center Gustavo Ayon in the deal.

If the reported $8M/year range is accurate, this is an absolute monster of a deal.

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Yahoo!'s A-Woj reported an hour ago that Ryan Anderson is likely to be moved in a sign-and-trade deal from the Orlando Magic:

and the Orlando Sentinel's Joshua Robbins corroborates that thusly:

More as it breaks.

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