John Salmons

The Bulls and Milwaukee Bucks have agreed to a deal in principle that will send John Salmons to the Bucks.

Chicago will get two expiring contracts in return. Initially, sources said that the Bulls would get Kurt Thomas and Francisco Elson.

But Thursday morning, sources close to the process said that there is a “90 percent chance” the Bucks will trade Hakim Warrick and Joe Alexander instead of Thomas and Elson.

ESPN.com

Joe Alexander

The Milwaukee Bucks have assigned second-year forward Joe Alexander to the Fort Wayne Mad Ants of the NBA Development League, General Manager John Hammond announced today.

Fort Wayne is led by Head Coach Joey Meyer, who previously coached the Bucks D-League affiliate in Tulsa.

Alexander will meet with the team tomorrow and his first game with the Mad Ants will be Friday at Iowa.

“This is a good opportunity for Joe to receive regular minutes in real game action and continue his development as he returns from injury,” Hammond said.

Inside Hoops

Jerry Stackhouse

The Milwaukee Bucks have signed veteran guard Jerry Stackhouse to a contract for the rest of the season.

Stackhouse will join the Bucks when they return to Milwaukee and may see action in their next game on Wednesday. Coach Scott Skiles says he will be activated for Wednesday’s game against Toronto.

The former All-Star guard has been looking for a new team since the summer and was targeted by the Bucks — who began play Sunday two games out of the final playoff spot in the East — after Michael Redd suffered a season-ending knee injury this past Sunday in Los Angeles against the Lakers.

ESPN.com

Michael Redd

Michael Redd is 30 years old. He has spent his whole life playing basketball, working to be where he is now, a star player in the NBA.

And now it appears the dream he has lived may be over. Redd reportedly tore his anterior cruciate ligament and medial collateral ligament in his left knee on Sunday night in a game against the Los Angeles Lakers.

This will certainly put an end to his season. But there is some speculation that this could mean the end of his career as well, according to the Milwaukee Journal-Sentinel.

FanNation

Michael Redd

A basketball source has confirmed that Michael Redd suffered a torn anterior cruciate ligament and torn medial collateral ligament in his left knee on Sunday night in Los Angeles.

The injury will sideline the Bucks shooting guard for the rest of the season.

The injury is the same one that Redd suffered nearly one year ago, on Jan. 24 against Sacramento at the Bradley Center.

He suffered a torn ACL and torn MCL in his left knee on that night and was lost for the rest of the season.

HoopsWorld

Roko Ukic

The Milwaukee Bucks have requested waivers on guard Roko Ukic (6-5, 190), General Manager John Hammond announced today.

Ukic requested to have his contract voided by Milwaukee, removing any further obligation by the Bucks for the remainder of his contract.

“Roko asked to be released from his contract in order to pursue other playing opportunities,” said Hammond. “We appreciate his hard work and professionalism while with the Bucks and wish him well in his career.”

HoopsWorld

Michael Redd

The local Monte Halls would love to see the Bucks neatly wrap up Michael Redd, place a bow on top and ship him off to Houston for Tracy McGrady in a tidy holiday exchange of highly paid, high-profile, high-scoring veterans who are both coming off serious injuries.

The reality, though, is that it is highly unlikely such a trade will ever take place.

After all, is it realistic to think the Rockets would trade McGrady and his coveted expiring $22.5 million contract and take back Redd, who after this season has one more on his contract at a hefty $18.3 million?

FanNation

Brandon Jennings leads the break and tosses an alley-oop to Ersan Ilyasova, who slams it home.

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Milwaukee Bucks

Wes Pavalon, one of the original founders and owner of the Milwaukee Bucks, died Saturday in West Bend, WI after illness.

Pavalon helped form the ownership group, Milwaukee Professional Sports and Services, which obtained the original National Basketball Association franchise which began play in 1968.

A moment of silence was held prior to Saturday’s Bucks home game against the Portland Trail Blazers.

Real GM

Donnie Walsh

Knicks president Donnie Walsh met with his entire U.S.-based scouting department Wednesday to discuss the future and perhaps one glaring mistake from the not-so-distant past.

“I’m pretty sure the name Brandon Jennings will come up,” said one team official.

The decision to pass on Jennings in June’s draft has backfired for the Knicks, and Walsh has not been shy about assigning blame to members of his scouting department, many of whom are holdovers from the Isiah Thomas administration.

FanNation