Magic get:

PG LaMelo Ball

Hornets get:

SG Kentavious Caldwell-Pope

PG Anthony Black

SF Jett Howard

2025 DEN FRP

2027 ORL FRP

2029 ORL FRP(Top 5 protected)

Why the Magic do this:

They get a PG that fits their needs.

Why the Hornets do this:

They get good value for LaMelo.