Per the Magic themselves, the Bucks acquired tonight’s 45th overall pick from Orlando:
The Bucks sent out the future second-round pick they acquired from Indiana last year in the Brogdon sign-and-trade, and it will convey in 2022, 2023, or 2024. In addition, Milwaukee gave up their own second-round pick in 2026.
That leaves Milwaukee in possession of the 45th pick and 60th pick (the latter obtained as part of the Jrue Holiday-Eric Bledsoe/George Hill trade).
“But wait!” I hear you say, “what about the 42nd pick we heard about?” As of now the situation appears more fluid than we originally thought. Some reports stated that the Bucks had purchased #42 off the Pelicans, but ESPN’s Bobby Marks states that the Bucks do not officially own that pick:
They have not— Bobby Marks (@BobbyMarks42) November 18, 2020
That doesn’t mean the Bucks won’t buy #42 or another pick elsewhere on the board, just that nothing official has been agreed to. Either way, it looks like Milwaukee is set to be throwing elbows deep into the night on transaction calls around the league.