The Bulls don't really have a direction and this shows that they are gonna start rebuilding. Since this puts the Magic over the second apron, they add more draft capital to make up for the lack of players.
The Wizards need some veteran presence on their team, and I needed someone to take Powell. There isn't much explanation or support for their involvement, but I think it works.
The Clippers need some cheaper contracts, so they swap Powell for Anthony and a SRP in this draft. Anthony will be a solid starting or backup PG, and they can hopefully strike gold at #47.
The Magic are a young, exciting team that is just a few steps away from really contending. In this trade, they go get an All-Defense player and an elite scorer, and sign some important depth, while extending lots of their core guys to long-term contracts. They just need to fill a few spots with minimum contracts. In the end, this roster would easily be one of the best in the league.
Magic Depth Chart:
PG: Caruso - Black - Butler
SG: Suggs - Monk - Howard
SF: Franz - Anderson
PF: Banchero - Isaac
C: WCJ - Mo