11:32am: The Bucks PR account officially announced the signing, which is indeed for a 10-day contract (Twitter link).
11:24am: The Bucks will sign Chris Wright, a league source tells Shams Charania of RealGM.com (Twitter link). Wright was considered a candidate to return to the Bucks following the team’s decision not to re-sign D.J. Stephens, whose 10-day contract just expired.
It hasn’t been reported what kind of contract is involved. Milwaukee could sign Wright for the remainder of the season or beyond, but it seems more likely this would be another 10-day deal. Milwaukee has the flexibility to give him another short-term audition, since they declined to ink him to a second 10-day agreement when his first expired two weeks ago.
Wright has spent most of this season with the Maine Red Claws in the D-League. The small forward played 24 games for the Warriors in the 2011/12 season, but didn’t see any NBA action last year. He has career averages of 3.2 points in 8.4 minutes played per game on 51.9% shooting.