Orlando Magic forward Paolo Banchero has been diagnosed with a torn right oblique and is sidelined indefinitely, per ESPN’s Shams Charania. Banchero was off to a hot start this season, averaging 29.0 points, 8.8 rebounds and 5.6 assists per game. The injury is presumed to have occurred in the Magic’s 102-99 loss against the Chicago Bulls on Wednesday. In the loss, Banchero tallied 31 points, seven rebounds and four assists while shooting 54.5% from the field. Banchero will be re-evaluated in four to six weeks and return to play will be based on how he responds to treatment. JLAB has the best a…