Orlando is actually in pretty good shape to be a major player as Gortat, Bass, and Anderson are all nice young pieces. They have Carter's massive contract, which is expiring, Pietrus, and the ability to sign and trade both Reddick and Barnes. The Magic could entirely remake their team.
They could realistically do something like this
Carter, Anderson, 2 first rounders to Atlanta for Joe Johnson
Gortat, Bass, Pietrus to Toronto for Chris Bosh
Could also make it a three-way with those teams
Orlando gets Johnson, Bosh
Atlanta gets Hedo, Anderson, 2 orlando firsts
Toronto gets Carter, Gortat, Bass, Pietrus