The Grizzlies said goodbye to Desmond Bane after five impactful seasons — and their first major offseason move signals a new era taking shape in Memphis.

The deal gives Orlando an accomplished guard with much-needed outside shooting skills while sparking questions about Memphis’s plans for the future.

The Magic are sending guards Kentavious Caldwell-Pope and Cole Anthony along with four first-round picks and a pick swap to the Memphis Grizzlies for guard Desmond Bane. ESPN's Shams Charania first reported the news.