2:20pm: ESPN.com's Chad Ford reports (via Twitter) that the Hawks pulled out of a three-team trade that would have sent Josh Smith to Milwaukee at the last minute before the deadline.
1:55pm: The Magic are working on a three-team trade that involves J.J. Redick, according to Josh Robbins of the Orlando Sentinel (via Twitter). The Bucks are also a part of the talks, Robbins reports.
We've already heard a ton of Redick updates today, but the latest rumors in our round-up suggest that the Pacers and Spurs are out of the running, while the Bucks and Sixers remain in the mix.