The Magic traded forward Billy Owens to the 76ers on Friday for forward Harvey Grant and guard Anthony Parker, whose contracts are up after next season.
Grant, an 11-year veteran, appeared in 47 games for the Sixers last season, averaging 3.1 points, 2.3 rebounds and 17 minutes. The Magic traded Grant's twin brother, Horace, and two second-round draft picks to Seattle on June 30 for Owens, rookie Corey Maggette, Dale Ellis and Don MacLean.
Parker was placed on the injured list Feb. 16 with a fractured left foot and played in two games. He averaged 1.9 points in 37 games in 1997-98.
Owens, an eight-year veteran, averaged 7.8 points, 3.8 rebounds and 21.5 minutes last season.
In June, Orlando traded guard Nick Anderson to Sacramento for Tariq Abdul-Wahad. Just over a week ago, it traded Penny Hardaway to Phoenix for Danny Manning, Pat Garrity and two first-round picks.
Of all the players the Magic acquired, only Manning, Garrity and Maggette are under contract for more than one season, indicating the team is trying to create salary-cap space for after the season. The 76ers re-signed Grant just before trading him.
Owens was signed as a free agent by the Sonics on Jan. 22 after playing three seasons with the Sacramento Kings. Because of injuries, he played in only 21 of Seattle's 50 games, starting 19. He missed the final 19 games because of a strained left knee.
NETS: Lazaro Borrell, one of four Cuban players who defected at the Olympic qualifying tournament in Puerto Rico last month, worked out at the team's practice facility for the second straight day. GM John Nash said he is considering inviting him to training camp. "He makes shots, he's athletic enough to play small forward," Nash said, "and I like the fact that he's had success in international competition."
PISTONS: CBA coach Mo McHone and Lakers assistant Larry Drew were named assistants.
ROCKETS: Owner Les Alexander told Houston radio station KTRH-AM and television station KRIV that Charles Barkley is close to a signing a one-year contract. "Charles is definitely coming back," Alexander said. Rookie Kenny Thomas, who said he wanted to be tutored by Barkley at power forward, signed. Terms were not disclosed.