Milwaukee is prepared to deviate from its strategy of clearing cap space for this summer if the right trade presents itself before the deadline.

"If the right opportunity comes up for us, the right player with a contract that we may not deem to be favorable, that doesn't mean we will necessarily say no to that," GM John Hammond said. "If it's the right player and a player we think we can move forward with and it might have an effect on our flexibility, we may still do a deal for that."

The Bucks have many short-term contracts, giving them greater flexibility.

"We are always going to keep our thoughts and our minds open as to how we can improve today and how we can improve our team tomorrow," he said. "We are not so locked in to say we won't take a contract that extends beyond one year or two years. If it is the right player for us, we would pull the trigger."

Joe Alexander will be assigned by the Bucks to the D-League's Fort Wayne Mad Ants, according to league sources.

Alexander was the eighth overall pick out of West Virginia by Milwaukee in the 2008 NBA Draft.

Alexander has consistently battled injuries throughout his NBA career.

The Milwaukee Bucks have signed guard/forward Jerry Stackhouse to a contract, General Manager John Hammond announced today. Stackhouse, 35, is a 14-year NBA veteran who has appeared in 854 games (563 starts) with Philadelphia, Detroit, Washington and Dallas.

Stackhouse (6-6, 218) was the third overall pick by the Philadelphia 76ers in the 1995 NBA Draft. He owns career averages of 18.4 points, 3.7 assists, 3.4 rebounds and 1.0 assist. His best statistical season came in 2000-01 when he averaged a career-best 29.8 points (second in the NBA), 5.1 assists, 3.9 rebounds and 1.2 steals. He has spent the last five seasons with the Dallas Mavericks.

The North Carolina alum has participated in the postseason seven times with 64 games (16 starts) in games played with Detroit and Dallas. Stackhouse?s playoff averages are 14.5 points, 3.4 rebounds and 2.6 assists.

The Milwaukee Bucks will sign Jerry Stackhouse to a contract for the remainder of the 2009-10 season, according to NBA front-office sources.

Sources told ESPN.com that Stackhouse is expected to formally sign with the Bucks on Monday or possibly Tuesday.

After an audition for the New York Knicks in August, Stackhouse rejected an invitation to Houston Rockets training camp in October to replace the injured Rashad McCants when the Rockets told Stackhouse he'd have to win a roster spot in camp to stick.

Bucks forward Joe Alexander is getting close to the active roster.

Alexander hasn't played yet this season because of a right hamstring injury suffered in late September, shortly before training camp.

The second-year player went through a full-contact, five-on-five scrimmage on Thursday.

"He looked 100%," Milwaukee coach Scott Skiles said of Alexander. "He probably needs one more practice so everybody feels comfortable behind him."

The Bucks took Alexander with the eighth overall pick in the 2008 NBA Draft.

Bucks guard Michael Redd plans to have surgery on his left knee earlier this time in order to give himself more time to prepare for a comeback.

Redd is out for the season after blowing out his knee on Sunday against the Lakers. He plans on having surgery in February, which would be about a month earlier than he did last season following the same injury.

"We're going to go at it again," said Redd. "This (earlier surgery) will give me a full summer to rehab.

"It's just the pain of going through rehab again and surgery again. That's the frustrating thing about it. It's been a difficult, difficult year but I believe the best is yet to come still.

"I came back this year when a lot of people thought I couldn't and I'm going to try it again. So that's where I'm at. I was shaken and hurt by it and devastated. But as the same time, talking to my wife, she really encouraged me (and said), 'You've got more left in you.' "

Brandon Jennings and a person claiming to be Jordan Farmar have exchanged some heated 'Tweets' on their respective Twitter accounts.

The Lakers beat the Bucks 95-77 on Sunday night and Jennings posted on Twitter to one of his contacts "hit my phone I'll tell you the real on that Farmar thing."

It is not sure what Jennings was referring to, but the fake Farmar quickly replied, "What you gonna say Buck (Jennings' nickname)? Heard there is some ish talking on here..."

From there, the conversation started to escalate.

Jennings (YUNGBUCK3) tweeted:  "nah i was just telling the homie how thirsty you are.  That's all.  But I'm not going to make this a big thing."

Fake Farmar (JFarmar1) tweeted: "Am not here to start nothing.  You were talking smack on here wanted to clear some air.  Look at the bling, done proved myself"

Fake Farmar: "You started with the smack talking, and I ended it with the 2 threes.  We even?  Cool."

Jennings:  "but I'm not going to beef with you.  See you should be worried about your spot.  Shannon Brown??? That's all imma say."

Shannon Brown scored 19 points against Milwaukee on 8 of 12 shooting.  Farmar posted 17 points in 22 minutes on 5 of 8 shooting.  And Jennings connected on just 4 of 17 field goals for 10 points.

Fake Farmar later Tweeted to his fans, "People need to realize that I am not here to beef with Buck or extend it.  Here to simply communicate with the Laker fans.  Repeat!"

He then tweeted, "On a side note, Tyreke Evans really doing his thing.  My pick for Rookie of the Year, no doubt.  No one comes close."

Jennings was fined $7,500 earlier in the season by the NBA for using his Twitter account in the team's locker room following a game.  The Lakers and Bucks will not face each other again in the regular season.

Correction: An earlier version of this article erroneously cited that the conversation was with the real Jordan Farmar.