Los Angeles, CA
The Los Angeles Clippers have traded Caron Butler and Eric Bledsoe to the Phoenix Suns and a second round draft pick to the Milwaukee Bucks for J.J. Redick of the Bucks and Jared Dudley of the Suns.
The Bucks also receive a second-round draft pick from the Phoenix Suns.
Hoping to maximize their assets with Bledsoe and Butler's expiring contracts, the Clippers were able to snag Redick, one of the most coveted shooters on the free-agent market.
Redick is a career 39-percent 3-point shooter. He averaged a career-best 14.1 points per game and scored a career-high 31 points and a career-best eight 3-pointers for Orlando against Detroit on Jan. 27.
He will fill the role of a much-needed shooting guard for the Clippers to play alongside Chris Paul.
Redick is expected to sign a four-year, $27 million deal,
Meanwhile, Dudley is one of the most versatile wings in the league, having played small forward and shooting guard for the Suns . He plays good defense and makes 40.5 percent of his 3-pointers.
This is first trade for the Suns engineered by new general manager Ryan McDonough.
Bledsoe played three seasons for Los Angeles at point guard after being drafted 18th overall out of Kentucky in the 2010 draft. Bledsoe averaged 8.5 points and 3.1 assists in 76 games for the Clippers last season.
While the Suns already have Goran Dragic, Kendall Marshall and 18-year-old draft pick Archie Goodwin at point guard, Bledsoe gives them a chance to start their rebuilding process with a budding young star.
He is a pesky defender and an incredible athlete who would be utilized to play alongside Dragic.
As for the Bucks, Redick is now the second player they've lost in free agency so far this summer with Mike Dunleavy signing with the Chicago Bulls.
The trade won't be able to be completed until July 10, when contracts are able to be signed.
Chris Paul, Clippers Agree on Contract Extension
Prized playmaker Chris Paul and the Los Angeles Clippers have reached an agreement on a five-year, $107 million contract extension when free agency begins 12:01 a.m. ET Monday morning.
Paul's representatives have informed NBA teams to not even bother pursuing Paul because he was planning to sign a contract extension with the Clippers.
The Clippers sealed the deal with Paul after luring Doc Rivers from the Boston Celtics and hiring him as head coach and senior vice president of basketball operations earlier this week.
If he eventually signs, Paul will become the second high-profile player to sign a long-term extension with the Clippers in the last two seasons. Blake Griffin signed a five-year, $95 million extension last summer.