Unrestricted free agent guard J.J. Redick, has agreed to a four-year, $27 million deal from the Los Angeles Clippers on Tuesday.
Redick's deal was part of a three-way sign-and-trade deal between the Bucks, the Clippers, and the Phoenix Suns.
Milwaukee will receive a pair of second-round draft picks, one from Los Angeles, the other from Phoenix.
Phoenix received point guard Eric Bledsoe and forward Caron Butler from the Clippers in the deal.
Los Angeles also gets Jared Dudley from the Suns.
The deal was first reported by Yahoo Sports.
The Bucks acquired Redick from the Orlando Magic in a February trade deadline deal, sending 20-year-old forward Tobias Harris to the Orlando Magic.
Redick averaged 12.3 points and 2.7 assists in 28 games in Milwaukee.
Also, the Bulls have agreed to a two-year deal with Mike Dunleavy Jr.
Dunleavy, an 11-year veteran, spent the past two years with Milwaukee and averaged 10.5 points while shooting 42.8 percent on 3-pointers.