POSTED: Feb 21, 2013 6:04 PM ET
ORLANDO, Fla. (AP) — The Orlando Magic have agreed to trade veteran shooting guard J.J. Redick, center Gustavo Ayon and reserve point guard Ish Smith to the Milwaukee Bucks in exchange for guards Doron Lamb and Beno Udrih, as well as forward Tobias Harris, said a person familiar with the situation.
Magic and Bucks Trade
The person spoke to The Associated Press on condition of anonymity because the deal was not officially complete.
In his seventh season Redick, a former first-round pick, was a coveted name on the trade market. A 2006 Orlando draft selection, he is averaging career highs in points (15.1) and field goal percentage (45.0).
Redick is in the final year of a three-year contract.
Ayon was acquired this summer in a sign-and-trade deal and Smith was a preseason free-agent signing.
Redick said this week that he was pleased with Magic general manager Rob Hennigan's candidness throughout the season and remained open to the idea of staying in Orlando to finish the season.
But he also told reporters after the Magic's loss to Dallas on Wednesday night that he recognized he could also be dealt.
"I can sit here and say I don't want to come back, I can sit here and say I do want to come back. Ultimately, it's their decision," Redick said.
Still, the decision to deal Redick was not an unexpected move for the Magic as they continue their rebuilding process following the departure of Dwight Howard last summer to the Los Angeles Lakers.
With his three-year, $19 million contract ending, Redick is likely to seeking a long-term deal this summer when he becomes a free agent. That apparently wasn't something the Magic weren't willing to commit to.
He was a restricted free agent when he signed an offer sheet with Chicago in the summer of 2010, but Orlando matched his deal. With no restrictions after this season, the Magic had no guarantee that he would re-sign.
Orlando is also setting itself up for the future and Hennigan is looking to make his roster younger and build through future drafts.
He does that by acquiring two young players in the rookie Lamb, and second-year Harris. The Magic also pick up a true backup point guard in Udrih to play behind veteran Jameer Nelson.