The Milwaukee Bucks have acquired J.J. Redick from the Orlando Magic, according to a source.
The Bucks had also been pursuing a trade for Josh Smith, but are out of those talks.
The Bucks will send Doron Lamb, Tobias Harris and Beno Udrih to the Magic.
Orlando will send Gustavo Ayon and Ish Smith, along with Redick, to Milwaukee.
In a related but separate trade, Hakim Warrick going to the Magic from the Charlotte Bobcats for Josh McRoberts.