Bulls, Pacers Pursuing J.J. Redick

10:40pm: Ian Begley of ESPNNewYork reports that the Knicks are monitoring the market for Redick as well.

8:35pm: Orlando Magic guard J.J. Redick has been one of the most heavily pursued players in the league in the weeks leading up to the February 21 trade deadline, and now Alex Kennedy of HoopsWorld adds the Chicago Bulls and Indiana Pacers to the list of teams that are contemplating trading for him.

Kennedy notes that the Bulls signed Redick to an offer sheet in 2010, which Orlando matched. He also cautions that the Magic have not made a decision as to whether they will trade Redick, although he will draw plenty of interest if they do decide to move him.

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