THURSDAY, 1:02pm: The Bucks have officially re-signed Ilyasova, the team announced today (via Twitter).
SUNDAY, 6:12pm: Charles F. Gardner of the Journal Sentinel confirms that the Bucks have reached an agreement with Ilyasova.
8:29am: Restricted free agent Ersan Ilyasova is close to an agreement on a five-year, $45MM deal to remain with the Bucks, reports Jorge Sierra of HoopsHype.com. His agent, Tolga Tugsavul, says the new contract will be finalized at some point this week. As mentioned on Saturday evening, the forward plans to meet with team owner Herb Kohl on Tuesday to consummate a deal, if he doesn't do so beforehand.
Additional teams such as the Nets are interested in acquiring the Turkish big man's services as Ilyasova averaged 13.0 PPG and 8.8 RPG in 60 games during the 2011/12 season. Ilyasova's most impressive performance last season came against the Nets in which he scored 29 points and grabbed 26 rebounds.