Tony Snell is unlikely to sign a contract extension with the Milwaukee Bucks before the Nov. 1st deadline and will become a restricted free agent in 2017.

The Bucks acquired Snell in a trade during training camp for Michael Carter-Williams.

Snell was the 20th overall pick in 2013 out of New Mexico by the Chicago Bulls. 

Snell is a career 35.1 percent three-point shooter in the NBA.

The Milwaukee Bucks have exercised the third-year contract option on Rashad Vaughn.

Vaughn, 20, appeared in 70 games (six starts) during his rookie campaign and averaged 3.1 points and 1.3 rebounds in 14.3 minutes per contest. He scored two points and one rebound in the Bucks’ season opener vs. Charlotte on Oct. 26.

Under the terms of the NBA’s current collective bargaining agreement, the first two years of a first round draft pick’s contract are guaranteed, while the third and fourth year of the contract are the team’s option.

Kevin Garnett announced he will join Inside The NBA. Garnett will do special remote spots with the program.

“This is my next chapter,” Garnett said in the short video. “The NBA on TNT has a special spot just for me. They’re giving me my own space. You might not like what I say. I promise you this — I’m gonna keep it 100 percent real.”

Garnett is also talking to teams, including the Cavaliers and Bucks, about a "coaching consultant" role.

Garnett announced his retirement in September.

The Milwaukee Bucks are preparing for the possibility of Greg Monroe opting into his contract for the 17-18 season.

Monroe signed a three-year, $51.4 million deal with the Bucks in the 2015 offseason. Monroe is due $17.88 million for the 17-18 season, which he may not command on the open market even with the cap spike.

Monroe has struggled with his fit within the Bucks.

Milwaukee also re-signed Miles Plumlee in the 2016 offseason, extended John Henson a year ago and drafted Thon Maker, making the center position a crowded one long-term.

The Milwaukee Bucks have exercised the fourth-year contract option on Jabari Parker.

Parker, 21, has appeared in 101 games (97 starts) in his first two NBA seasons and holds career averages of 13.6 points and 5.3 rebounds in 31.1 minutes per game. He was selected to participate in the 2016 Rising Stars Challenge as part of the 2016 NBA All-Star Weekend in Toronto, where he suited up for the U.S. Team.

The 6-8 forward was named to the 2016 USA Men’s Select Team and earned the opportunity to train with the 2016 USA Basketball Men’s National Team during its training camp in Las Vegas in July. Parker is averaging a team-best 16.8 points to go along with 6.2 rebounds and 1.4 steals in five preseason matchups in 2016.

The Milwaukee Bucks have agreed to trade Michael Carter-Williams to the Chicago Bulls for Tony Snell.

The Bucks have been looking for more shooting on the perimeter following the hamstring injury to Khris Middleton. Milwaukee previously offered Carter-Williams to the Sacramento Kings for Ben McLemore.

The Bucks and Bulls met Saturday night in Chicago in a preseason game, but neither Williams nor Snell played.

Carter-Williams won Rookie of the Year honors with the Philadelphia 76ers and was dealt the next season in a move that allowed them to acquire a future first round pick from the Los Angeles Lakers.

Both Carter-Williams and Snell are 2013 first-round picks eligible for extensions ahead of the Oct. 31 deadline.

The Charlotte Hornets are not currently interested in trading for Greg Monroe.

The Hornets have Cody Zeller and Roy Hibbert on their depth chart at center.

There had been speculation of a Jeremy Lamb and Spencer Hawes deal with the Milwaukee Bucks for Monroe.

The Bucks have interest in trading Monroe after signing him in free agency in 2015.

The Milwaukee Bucks offered Michael Carter-Williams to the Sacramento Kings in exchange for Ben McLemore.

The Bucks have a need at shooting guard with Khris Middleton out for approximately six months with a hamstring injury.

McLemore and Carter-Williams are both members of the 2013 NBA Draft class and will be restricted free agents in the offseason.

The Kings have Darren Collison and Ty Lawson on their depth chart at point guard.

Jabari Brown has been waived by the Milwaukee Bucks.

Brown didn't appear in the Bucks' preseason game against the Bulls.

Brown played in China last season.