5:17pm: The Clippers and Redick will be meeting soon, tweets Marc Stein of ESPN.com.
3:36pm: There are rumblings that the Clippers and Bucks are discussing a potential deal that would send Eric Bledsoe to Milwaukee and J.J. Redick to Los Angeles, according to Ramona Shelburne of ESPNLosAngeles.com (via Twitter).
Having reached a verbal agreement with Chris Paul on a maximum-salary contract, the Clippers have seemingly shifted their focus to acquiring a shooting guard to pair with Paul in the backcourt. Although free agents like O.J. Mayo and Tony Allen have been mentioned as possible targets, L.A.'s best way to acquire an impact player may involve using Bledsoe as trade bait.
While it's not clear how far talks between the Clippers and Bucks have progressed, it's easy to see why such a deal would appeal to both teams. Redick is coming off the best year of his career and would give the Clippers a deadly sharpshooter from the outside, while Bledsoe (and perhaps Caron Butler's expiring contract) would be an excellent haul for a Bucks team looking to acquire or retain backcourt help. Since Redick is a free agent, a sign-and-trade agreement would be required — that would allow the Clippers to offer him more than the mid-level exception.