Could Bulls be players for Redick at deadline?

Bucher said on Sulia that "it would surprise no one if JJ Redick were moved before the February trade deadline, but there's no urgency on the part of the Magic for several reasons."

Bucher explained that the Magic, despite trading perennial All-Star Dwight Howard to the Lakers in the offseason, sit at 11-13 in the Eastern Conference. They have won six of nine games and sit just 1.5 games out of the No. 8 seed in the East. While unlikely as a playoff run may be, it'd be a tough sell to Orlando fans trading the team's second leading scorer while battling for a playoff spot.

Bucher also said the Magic will wait on dealing Redick, if they deal him at all, because "as of right now, the potential suitors aren't anywhere near making their best offer." He reports that Redick's likeliest destinations are Chicago, Memphis, Minnesota Milwaukee and Utah.

In his seventh season with the Magic, Redick's numbers across the board are career bests. His 14.1 points, 2.3 rebounds, 5.0 assists, 44.4 field goal percentage and 91.8 free throw percentage have never been higher, helped out by the departure of Howard.

In 2010, the Magic matched a three-year, $19 million offer sheet the Bulls offered to Redick to retain the shooting guard. The Bulls went forward with Keith Bogans as their starting shooting guard that following year, and added Rip Hamilton in 2011 and 2012.

Redick has one year left on the deal the Magic matched three years ago, set to make $6.1 million. For a player in the midst of a career-year, that's a reasonable price to pay for a starting shooting guard.

Hamilton remains sidelined by a foot injury, while Marco Belinelli has averaged 16.6 points and shot better than 43 percent from beyond the arc in eight starts this season. Still, adding Redick would give the Bulls valuable backcourt depth.

Bucher said the Magic likely will look for a draft pick and/or younger player in return. Because of its trade this offseason, Chicago has a trade exception of $5.1 million to use stemming from dealing Kyle Korver to Atlanta.

Rookie point guard Marquis Teague fits the bill, but the Bulls may be hesitant to give up on the 19-year-old so early in his career. As Bucher stated, Chicago likely wants to see where they are in the standings near February before deciding on whether or not to commit to Redick. Derrick Rose's rehabilitation schedule will play a role in that.