Yahoo! Sports' Adrian Wojnarowski has the details:
Wojnarowski has more on what Milwaukee is getting:
He also provided a look at Orlando's haul:
Let's go in-depth on this last-minute deadline deal.
What Milwaukee is Getting
Redick, who has been in trade rumors for the past week, is a dangerous perimeter threat and an underrated ball-handler and distributor.
In 31.5 minutes per game, the shooting guard is putting up career highs in points per game (15.1), shooting percentage (45.0), three-pointers made per game (2.3), assists per game (4.4) and rebounds per game (2.4).
With his efficiency and well-rounded skill set, Redick has undoubtedly been one of Orlando's best players this season.
Throw in an expiring contract, and it's obvious why so many teams were desperate to acquire the 28-year-old guard. That said, it's likely the Bucks made this deal with the hope to re-sign him.
Moreover, Gustavo Ayon and Ish Smith offer depth at center and point guard, respectively. Ayon has a team option for next season, while Smith has a player option.
What Orlando is Getting
The Magic are clearly in a rebuilding phase, and they did a good job to get several pieces for the future.
Doron Lamb hasn't played much this season, but the 2012 second-round pick has upside as a combo guard with shooting ability.
Forward Tobias Harris is another project, though he boasts more experience than Lamb. The former Tennessee star has started 23 games in his professional career.
Beno Udrih, meanwhile, is a veteran point guard who is also comfortable playing off the ball, but his real worth for the Magic lies in his expiring contract.