"Marcus will add scoring and defensive punch to our lineup and should benefit from the change of address.
"This is a win-win for both Toronto and Miami and we wish JO and Jamario the best," added Colangelo.
Marion has averaged 17.9 points, 10.0 rebounds, 1.9 steals, 1.3 blocks and 37.7 minutes in 717 regular season games over 10 seasons with Phoenix and Miami. He finished in the Top 10 in the NBA in rebounds and steals on seven occasions. He was named All-NBA Third Team in 2005 and 2006, and a Western Conference All-Star in 2003, 2005, 2006 and 2007.
Marion, 30, averaged double figures in points and rebounds in four seasons (2000-01, 2004-05, 2005-06 and 2007-08). He has averaged more than 9.0 rebounds a game in every season but his rookie campaign. He posted career bests of 21.8 points and 11.8 rebounds in 2005-06, and 2.28 steals in 2002-03. He scored a career-high 44 points versus Boston on February 22, 2006 and grabbed a personal career-best 24 rebounds February 25, 2006 versus Charlotte and November 9, 2007 at Miami. His career high for steals came versus Minnesota with eight February 6, 2006.
Marion, 6-foot-7, 228 pounds, has averaged 12.0 points, 8.7 rebounds and 36.1 minutes in 41 games this season with the Heat. He has appeared in 65 postseason games, owning career playoff averages of 17.1 points, 10.9 rebounds, 1.5 steals and 1.5 blocks. He helped the Suns to the Western Conference Championship series in 2005-06, averaging 20.4 points and 11.7 rebounds in 20 games. He averaged 12.5 points, 6.5 rebounds and 1.25 steals in his four all-star games.
Marion declared for the 1999 NBA Draft following his freshman season at UNLV and was selected by Phoenix in the first round (9th overall).
Banks, 6-foot-2, 205 pounds, has averaged 6.2 points and 2.2 rebounds in 317 career games with Boston, Minnesota, Phoenix and Miami. He posted career highs of 10.0 points and 3.8 assists in the 2005-06 season with Boston and Minnesota. He recorded career highs of 28 points versus Atlanta on April 14, 2004 and 10 assists at Atlanta on April 5, 2006.
Banks has averaged 2.6 points, 1.4 assists and 10.4 minutes in 16 games with Miami this season. He has appeared 13 postseason contests, averaging 4.2 points and 1.2 assists. He was a 2003 first-round pick by Memphis and dealt to Boston on draft night. He played his final two collegiate seasons at UNLV where he averaged 18.1 points and 4.3 assists in 63 games.
O’Neal averaged 13.5 points, 7.0 rebounds and 29.7 minutes in 41 games with the Raptors this season. He was acquired July 9, along with the draft rights to Nathan Jawai, from the Indiana Pacers for T.J. Ford, Rasho Nesterovic, Maceo Baston and the draft rights to Roy Hibbert. Moon was signed as a free agent in 2007. In his two seasons with the Raptors, he averaged 8.0 points, 5.6 rebounds and 26.9 minutes in 132 games.