Monta Ellis is averaging just under 22 points per game with the Warriors this season.
Monta Ellis is headed to Milwaukee. Reuters

Each day, more rumors circulate about the Magic trading Dwight Howard.

The latest trade rumor is a three-way deal that includes the Magic, Warriors and Hornets, but Dwight Howard is not included in the trade.

Jarrod Rudolph, a columnist at RealGM.com, says a trade is not done, but in the works.

He tweeted, Sources say Magic, Warriors & Hornets are discussing 3-team deal that would send Ellis and others to Magic. Nothing imminent at this point.

Orlando is discussing moving J.J. Redick, Ryan Anderson and Quentin Richardson.

The Hornets would reportedly include Chris Kaman in the trade. Kaman is in the final year of his contract, and New Orleans is expected to send him somewhere by Thursday's deadline.

Rudolph says Orlando would receive Monta Ellis, Dorell Wright and Andris Biedrins from Golden State.

Instead of looking to deal Howard, the Magic have reportedly been looking to trade for another star player. Their hope is that a move might satisfy the All-Star center and force him to consider signing a long-term extension with Orlando.

The Magic have been unable to work out a trade with a team that Howard would like to go to. Some recent reports say that Orlando would be interested in sending Howard to Chicago, but talks have not gotten far between the two teams because the center would not sign a contract extension with the Bulls.

Earlier in the year, there were rumors that Ellis would be sent to Orlando in exchange for Howard.

Now, it seems the two may be paired together with the Magic.