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The Wizards have finally made their first splash this offseason as they have reportedly acquired Jared Dudley from the Milwaukee Bucks according to ESPN's Marc Stein.
ESPN sources say that the Washington Wizards are closing in on a trade for Milwaukee's Jared Dudley. On course to be completed July 9
— Marc Stein (@ESPNSteinLine) July 2, 2015
Wizards are expected to take Dudley's contract into a trade exception so it only costs them a future second-round pick to bring Dudley in
— Marc Stein (@ESPNSteinLine) July 2, 2015
As @ESPNSteinLine says, Bucks trading Jared Dudley to Wizards. Source says Bucks get "extremely protected" second-round pick.
— Ken Berger (@KBergCBS) July 2, 2015
As Stein and others noted, Dudley did opt into his $4.25 million player option on the eve of free agency, but it appears Milwaukee is cutting costs as they just signed Greg Monroe to a massive three year, $50 million deal earlier today.
We'll have a lot more on this in the coming days, but it's safe to say this is a major coup for Washington who moved quickly to replace the departed Paul Pierce.