UPDATE: (10:23 p.m. est)

Sources tell ESPN.com that the proposed deal is complete and "a trade call with the league office has been scheduled for Friday to secure the necessary NBA approval to make the deal official."

The latest scenario sees the Sixers receiving Andrew Bynum and Jason Richardson, while sending Iguodala to Denver, Vucevic and 2012 first-round pick Moe Harkless to Orlando.

It is unknown if Lakers F Pau Gasol will be included in the deal.

UPDATE: (9:55 p.m. est) Yet another report from ESPN.com has surfaced from Marc Stein.  A trade call has been scheduled with the league office Friday morning to "process the 4-team deal."  According to Stein's report, the Sixers would also receive Jason Richardson from Orlando in exchange for Nik Vucevic.

Andre Iguodala and Team USA Basketball will meet Argentina in a semifinal in London Friday evening, the winner will face Russia or Spain in the Gold Medal Final Sunday afternoon.

He could be traded by then.

Source close to talks tells ESPN that trade call with league office has been scheduled for Friday morning to process four-team Dwight deal — Marc Stein (@ESPNSteinLine) August 10, 2012



UPDATE: (8:24 p.m. est)

Sources are telling Chris Broussard, ESPN.com that the potential deal is "very close to happening and could be agreed upon by Friday."

The sources also tell Broussard that the Sixers are willing to acquire Bynum with or without a contract extension.  If Bynum decides to wait until his free-agent year he would be eligible for a max-deal of five-years, $102M.

Even more, Stephen A. Smith thinks the deal will be completed by tomorrow:

Barring any last minute snag, D-Howard will be a Laker by tomorrow. Bynum will be in Philly. And we'll all expect a Lakers/Heat Finals.

— Stephen A Smith (@stephenasmith) August 10, 2012

Sources tell ESPN trade also calls for Sixers to get Jason Richardson with Bynum, with Iguodala to Denver & Dwight, obviously, to Lakerland

— Marc Stein (@ESPNSteinLine) August 10, 2012



NBA Reporter Adrian Wojnarowski is reporting that the Orlando Magic are engaged in 4-way trade talks that would (finally) send Dwight Howard to the Los Angeles Lakers, Andre Iguodala to Denver, Pau Gasol to Orlando and the Sixers would receive Andrew Bynum.

Wojnarowski cautions that nothing is imminent and things are subject to change rather quickly as the Howard trade talks have been for the last two years.  The Lakers have been aiming to acquire Howard all summer, trade talks heated up after a deal to Brooklyn fell through last month.

Andrew Bynum is a free-agent after this season and a native of Plainsboro, NJ.