Jennings has, according to one source, "irreconcilable differences" with Milwaukee. He's frustrated, according to sources, that the two sides weren't able to work out a long-term extension this summer. In addition, he feels as though he doesn't get the attention he deserves and wants a bigger market to take his talents to.
This is obviously devastating news for the Bucks, who would like to keep the talented young player.
Jennings has been in Milwaukee for his entire four-year career after being selected with the 10th pick in the 2009 draft. Since then, he has been a steady leader on offense and solid on defense.
In reaction to the report, Jennings told ESPN's Chris Broussard that the report is a completely false.
So far this season, he is leading the team with 18.5 points per game and 6.1 assists per game. He is also tied with Monta Ellis for the team lead with 1.9 steals per game.
At only 23 years old, Jennings has plenty of good years ahead of him.
He is a restricted free agent this summer, meaning that a team could present him with a huge offer that the Bucks cannot match.
A different team could also provide him with more publicity in a large market, which could lead to more money in endorsements.
Whether Milwaukee is ready to part with the youngster or not, the best long-term option for the team at this point might be to make a deal to at least get something in return.