by Marcel Mutoni @ marcel_mutoni

The Bucks, Clippers and Suns have reached an agreement on a blockbuster trade sending JJ Redick and Jared Dudley to Los Angeles, Eric Bledsoe and Caron Butler to Phoenix and two future second round draft picks to Milwaukee.

The Bucks helped facilitate the deal with a sign-and-trade of Redick, who will receive a four-year, $27 million contract from the Clippers.

Per Yahoo! Sports:

Phoenix can’t negotiate a contract extension with Bledsoe until after the deal is finalized on July 10. New Clippers executive VP and coach Doc Rivers had dinner with Redick on Tuesday night and further solidified Redick’s belief that joining the Clippers and competing for a championship was his desire, sources said. The Bucks traded for Redick at the February deadline and ultimately decided against re-signing him for the nearly $8 million per season the Clippers did. The Bucks get a trade exception back in the deal, but it has to be renounced because they’re under the salary cap. The Clippers and Suns will each send one future second round pick to the Bucks.

The deal was conceived and completed within 24 hours, beginning Monday and finishing early Tuesday afternoon. Once Chris Paul notified the Clippers officially that he would sign a five-year extension, Rivers was willing to part with Bledsoe in a deal, sources said.

Jared Dudley seems pretty pumped about moving on from the moribund Suns, and rightfully so. It will be interesting to observe what Phoenix does with Goran Dragic once the 23-year old Eric Bledsoe shows up.

JJ Redick will provide the LA Clippers with the perimeter shooting they desperately need, making life considerably easier in the post for DeAndre Jordan and Blake Griffin.