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As I was writing this, we got confirmation from Woj that the Bucks are receiving Jodie Meeks and cash in the trade, but the Bucks will waive Meeks immediately.
Wizards are trading guard Jodie Meeks and cash to the Bucks, league sources tell ESPN. Bucks will waive Meeks.
— Adrian Wojnarowski (@wojespn) October 15, 2018
Praise be to those who are second round pick believers, as it appears Milwaukee will receive a future second-round pick courtesy of the Wizards.
Wizards are sending a future second-round pick to Bucks in deal too, league sources tell ESPN. https://t.co/OXxBgwE8vq
— Adrian Wojnarowski (@wojespn) October 15, 2018
Milwaukee is in the process of finalizing its roster, and it appears they didn’t want to stand pat with everyone they had running through this preseason. The original report from Chris Haynes below tipped us off that something was happening.
Milwaukee and Washington are in advanced stages on a trade in which the Bucks would receive a player and a future pick, league sources tell Yahoo Sports. In a separate move, Tim Frazier will be waived.
— Chris Haynes (@ChrisBHaynes) October 15, 2018
In related news, it appears we have confirmation that Tim Frazier lost the musical chairs battle for Milwaukee’s roster spot. That also means that, for now, Christian Wood and D.J. Wilson appear to be safe in those final spots. However, the impending move with Washington means that one of them could be a player who is on the way out. No word yet on if Milwaukee is sending something back to Washington, we’ll update the story if more information comes in.
UPDATE
Just wanted to offer one piece of clarification here. While we still don’t know the exact details on the second round pick’s protections (cross your fingers it’s not the dreaded top-55 protected type), it does appear the Bucks used the trade exception generated by Greg Monroe to complete the trade. Kudos to Twitter’s cap experts for parceling those details out.
To take in Jodie Meeks, the Bucks used their $3.5M trade exception (which was expiring on 11/7 anyway). They get a second-round pick (and possibly some cash, if what they are being paid is more than his $3.5M salary).
— Albert Nahmad (@AlbertNahmad) October 15, 2018