MILWAUKEE (AP) -- A Bucks official with knowledge of the deal said Tuesday that Milwaukee plans to trade scoring forward Richard Jefferson to the San Antonio Spurs for Bruce Bowen, Kurt Thomas and Fabricio Oberto, giving them a veteran cast and financial flexibility.
The person confirmed the pending trade to The Associated Press and requested anonymity because the deal is not official until a call later Tuesday. ESPN.com first reported details of the deal.
The Bucks are sending Jefferson away less than a year after acquiring the scoring forward in a draft day trade last season with New Jersey for Yi Jianlian and Bobby Simmons. Jefferson's contract has two years and $29.2 million remaining on it.
Jefferson was a steady offensive force for Milwaukee last season after spending his first seven years in New Jersey. He averaged 19.6 points and shot a career-high 39.7 percent from 3-point range while starting all 82 games.
Spurs guard Tony Parker said he would welcome a big, athletic player like Jefferson.
"He's a great wing," Parker said. "It's something we don't have on our team."
Parker and Tim Duncan had little offensive help in April when the Spurs lost in the first round of the playoffs for the first time since 2000. Jefferson gives San Antonio a scoring threat it sorely lacked last season, especially when Manu Ginobili was out with injuries.
Jefferson became the Bucks' biggest offensive threat after Michael Redd and Andrew Bogut suffered season-ending injuries, but the Bucks' tight financial situation made a move necessary. Milwaukee does not want to pay the NBA's luxury tax, which last year hit teams dollar-for-dollar once they reach $71.15 million in total payroll.
Redd, Bogut and Jefferson are scheduled to make more than $41 million combined this season.
The trade was a shock to at least one Bucks player: Charlie Villanueva posted "RJ traded to Spurs. Wow" on his Twitter account before the trade was official.
The deal actually might allow the Bucks to keep Ramon Sessions or Villanueva himself, since both are restricted free agents.
Bowen, Thomas and Oberto give the Bucks a veteran group. None is signed beyond the upcoming season.
Bowen, 38, is a 13-year veteran known for his defensive efforts against the Western Conference's top guards. Thomas, 36, has played 14 years in the NBA, primarily at forward and center, and has been a bench player each of the last three seasons, averaging 4.3 points last year.
Oberto, 34, has played four years in San Antonio, averaging 3.6 points per game in his NBA career. Last season he underwent a procedure to correct an irregular heartbeat.