Orlando Magic acquire future Draft picks, Anthony Randolph in trade with Chicago Bulls

Anthony Randolph - Isaiah J. Downing-USA TODAY Sports

Orlando will waive the veteran combo forward.

The Orlando Magic have acquired two future second-round NBA Draft choices--one in 2015, the other in 2016--from the Chicago Bulls, the team announced Monday, in addition to veteran forward Anthony Randolph and cash considerations. Orlando says it will waive Randolph.

To Chicago, Orlando sends the Draft rights to Milovan Raković. Orlando acquired his rights from the Dallas Mavericks, who made him the 60th and final overall selection in 2007. Rakovic, 29, has never played in the NBA.

Despite the small nature of the deal, both teams benefit from it. Orlando adds two small assets to its proverbial war chest, while the Bulls clear a bit of salary-cap space in order to make official their signing of Pau Gasol via free agency.

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