Lakers:
LA is still looking for a guard that can play off/on ball. DLo being a streaky shooter made him not fit
Cole has always been a bucket start/off-the-bench. He is also not a great passer, in which I think fits with Lebron.
More capspace, they were able to sign Osman. Vet offball wing.
FRP
Magic:
Banchero has been vocal, he doesn't want to play as Point. So they look for a PG that pass and also score.
Maybe D'lo can find his role in Orlando. He is in his prime age, and Orlando is starting to look to contend.
Orlando's identity is defense, Reddish fits in that. and maybe they can let Reddish run his own offense