Hawks: Atlanta sell Hunter and Bogdanovic and in return gets LeVert, Anthony, and two 2nd rounders. LeVert would basically be a very solid replacement for Bogdanovic as well as a talented backup PG in Cole Anthony. ATL also benefits from the acquisition of two 2nd rounders for this year's draft. They also give up a 2026 2nd rounder to Cleveland, but again, get two solid picks in this year's draft.
Cavaliers: The Cavs are in "win now" mode so they get a key addition in Hunter. It costs them LeVert, Niang, and a 2025 2nd rounder to get the deal done which is a price the Cavs would be willing to pay.
Magic: The Magic need offense. With this trade they get two really impressive three-point shooters in Bogdanovic and Niang. Although they lose Anthony and an important 2nd round pick, they get great shooting and 2026 2nd rounder from Cleveland as well.