The Milwaukee Bucks and Charlotte Bobcats have completed a deal that sends Luke Ridnour and Gary Neal to Charlotte in exchange for Ramon Sessions and Jeff Adrien, multiple outlets report. The Bobcats were looking to bolster their depth as they make a playoff push, while the Bucks get two expiring contracts as they continue to rebuild.
From ESPN’s Marc Stein:
ESPN has learned that the Bobcats have agreed to take on point guard Luke Ridnour in addition to top trade target Gary Neal. They also convinced the Bucks to absorb the salary of Ramon Sessions.
The final form of the deal, sources said, will send Neal and Ridnour to Charlotte for Sessions and Jeff Adrien.
The Bobcats have been chasing the disgruntled Neal for some time, but Milwaukee balked at a pure Neal-for-Sessions swap because Sessions is making $5 million this season compared to Neal’s $3.25 million.
Adding Ridnour to the trade puts the financial onus back on Charlotte.