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NBA Trade Rumors: J.J. Redick may not be headed to Spurs or Bucks

Orlando Magic guard J.J. Redick is the subject of trade rumors across the NBA, and the latest reports have the Bucks dropping out of the top bidders.

Jeff Hanisch-USA TODAY Sports

Earlier trade rumors suggested the Milwaukee Bucks were "upping the ante" in their pursuit of Orlando Magic guard J.J. Redick, but now it appears the Bucks are losing ground in trade talks involving Redick. Milwaukee has "fallen back" as a potential landing spot for the soon-to-be unrestricted free agent guard, according to Adrian Wojnarowski of Yahoo! Sports:

Some playoff teams may have presented more intriguing offers to the Magic in the past few hours. The San Antonio Spurs have reportedly entered the market for Redick, and Woj points out that they may be the perfect fit:

However, there are signs that even the Spurs are out of the running now:

The Magic have secured some offers for late first-round picks in the 2013 NBA Draft, meaning teams like the Los Angeles Clippers, Oklahoma City Thunder, Denver Nuggets, Chicago Bulls, and Indiana Pacers may have proposed a deal. The Bucks have been reluctant to part with their first-round pick thus far.

Redick could be looking for a four-year, $40 million deal this summer, which means he's hoping to cash in on a career year.