ORLANDO, FL - DECEMBER 18: Orlando Magic General Manager Otis Smith speaks to the media regarding the aquisition of Gilbert Arenas from the Washington Wizards, Jason Richardson, Hedo Turkoglu, and Earl Clark from the Phoenix Suns at Amway Arena on December 18, 2010 in Orlando, Florida. It was reported on May 21, 2012 that the Orlando Magic fired Head Coach Stan Van Gundy and GM Otis Smith. (Photo by Sam Greenwood/Getty Images)