Magic center Dwight Howard is open to signing a five-year maximum contract extension if he's traded to the Lakers according to multiple published reports.
The Magic and Lakers are zeroing in on a proposal that involves a third team, the Cleveland Cavaliers, who have the salary cap space to absorb a contract in return from the Magic if they also receive Lakers center Andrew Bynum in the deal.
The Magic want two things out of a Howard trade: to unload excessive contracts for Hedo Turkoglu, Jason Richardson or Chris Duhon and a bounty of draft picks -- but minimal salary -- in return.
Anderson Varajeo would be sent to the Magic, according to ESPN, and Orlando could receive as many as five draft picks.
The Lakers don't have first-round picks next year or in 2015. Those picks were traded to the Phoenix Suns in a sign-and-trade deal for Steve Nash.
---The Denver Nuggets re-signed center JaVale McGee to a four-year, $44 million contract.
The Nuggets acquired McGee from the Wizards in a March trade and coach George Karl raved about the 7-footer's athletic upside following two impressive showings against the Lakers in the playoffs, including 21 points, 14 rebounds in Game 3 of the first-round series and 16-15 in Game 5.
---The Orlando Magic and New Orleans Hornets will travel to Mexico for an Oct. 7 preseason game, as part of NBA Mexico Game 2012.
The Hornets have played abroad in preseason before, most recently in Berlin, Germany and Barcelona, Spain during the 2008 preseason. The team also played in Paris, France and Bologna, Italy prior to the 1994-95 season.
The game in Mexico marks the league's 18th visit to Mexico City, and 20th in Mexico overall, the most NBA matchups in any country outside the U.S. and Canada.
---The NBA's Board of Governors is meeting in Las Vegas on Thursday to vote on rule changes, including expanded use of instant replay, according to an ESPN.com report.
If passed, the changes would be in effect for the 2012-13 season.
The board is scheduled to vote on three instant replay issues, and one proposal about inbounding the ball.
The respective proposals could allow for referee video review for all flagrant fouls, late-game goaltending and restricted area. The proposal regarding inbounding consists of whether to let teams choose to inbound the ball from the baseline or the sideline following timeouts, a luxury they didn't previously have, for example, when a team inbounds and dribbls the ball before calling the timeout.
---The Boston Celtics have reportedly acquired shooting guard Courtney Lee via a sign-and-trade with the Houston Rockets, according to multiple reports.
The Celtics will send power forward JaJuan Johnson to Houston.
Boston has been pursuing Lee for weeks and finally landed him. He'll likely backup Jason Terry, though a final determination on who starts may be made in training camp.