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Less than a year after acquiring Serge Ibaka in a trade from the Oklahoma City Thunder, the Orlando Magic have reportedly parted ways with the power forward in a deal with the Toronto Raptors.

On Tuesday, Adrian Wojnarowski of The Vertical reported the Magic sent Ibaka to Toronto in exchange for Terrence Ross and a 2017 first-round pick. Wojnarowski added the Raptors will send the lower of their two first-round picks, which was originally owned by the Los Angeles Clippers.

Sam Amick of USA Today confirmed the report.

On Sunday, Marc Stein of ESPN.com first reported Toronto's interest in Ibaka.

Ibaka is averaging 15.1 points and 6.8 rebounds per game in his first season with Orlando.

The 27-year-old spent the first seven seasons of his career with the Thunder, starting every game he played over the last five years.

He began his career known for his defensive prowess, twice leading the league in blocks per game while earning NBA All-Defensive Team honors three times. However, he developed into an offensive force who can score inside or stretch defenses with outside shooting.

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During last season's playoffs, Ibaka was the third-leading scorer for an Oklahoma City team that went to the Western Conference Finals before losing in seven games to the Golden State Warriors.

The Thunder then traded him to Orlando in the offseason for three players, a move the Magic apparently regret. Kevin Smith of RealGM noted the impact this would make on future moves:

Orlando has struggled to a 21-36 record to start the season. With Ibaka set to be a free agent this summer, it made sense to gain some value for the veteran before he leaves for nothing in the offseason.