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The Bucks are trading center Andrew Bogut and veteran guard Stephen Jackson to Golden State in exchange for Monta Ellis, Ekpe Udoh and the expiring contract of Kwame Brown, according to league sources.

It's the first big deal prior to Thursday's trading deadline.

The 7-foot Bogut is moving on after spending his first six-plus seasons with Milwaukee, after being taken No. 1 overall in the 2005 draft by the Bucks.

Milwaukee gets a shooting guard to pair with point guard Brandon Jennings, giving the team a potentially dynamic starting backcourt.

Ellis has two years left on his contract totaling $22 million but he has an opt-out after next season.

Bogut played in just 12 games this season before fracturing his left ankle in a game played in Houston on Jan. 25. It's uncertain if he will be able to return this season.

The 27-year-old Bogut was a third-team all-NBA selection after the 2009-'10 season, but he was injured near the end of that season when he suffered a massive fall to the Bradley Center floor after a dunk. He had surgery on his right hand and right elbow but still wasn't healed fully at the start of last season.

Bogut had another surgery on his right elbow in April 2011.

Jackson arrived in a June 2011 trade but had problems from the start with the Bucks. He reported to training camp out of shape and eventually lost his place in the starting lineup, after oversleeping and missing a shoot-around on Jan. 20 in New York.

Jackson had not played the last nine games while seeking to be traded. He is owed $10 million for next season.

Ellis was in his seventh season with Golden State and in the last two years had been the team's franchise player. He has career averages of 19.6 points and 4.4 assists.

The 6-foot-3 Ellis is averaging 21.9 points and 6.0 assists in 37 starts this season for the Warriors. He recently was named the Western Conference player of the week as he averaged 20.5 points and 7.5 assists while leading the team to a 3-1 record, including victories over Dallas and the Los Angeles Clippers.

He ranks ninth in the NBA in scoring, 16th in assists and 16th in steals.

Udoh is a 6-10 forward-center from Baylor and is averaging 5.5 points, 3.9 rebounds and 1.7 blocks in 38 games with Golden State this season, including six starts. Udoh was the sixth overall pick in the 2010 draft after he had a breakout junior year at Baylor, averaging 13.9 points and 9.8 rebounds.

Brown was acquired due to his $7 million expiring contract, helping the numbers match in the deal.

Ellis will make $11 million next season and has a player option worth $11 million for the 2013-'14 season.

It became clear last week that Bogut was hoping to be traded before the deadline - although he did not make a formal trade request - and the Bucks also had interest in making a deal.

Bogut was seeking a fresh start in the hopes of putting his injury-plagued run in Milwaukee behind him.

Ellis had said earlier Tuesday he was getting tired of the trade talk surrounding him. He had been rumored in several deals, including a possible trade to Orlando. The Warriors played in Sacramento on Tuesday night.

"It's not a bad thing," Ellis told the Contra Costa Times after he learned of the trade to the Bucks and before he left the arena in Sacramento. "Not a bad thing at all."

It was unclear when Ellis would join the Bucks and when he would be available to play. The Bucks play the Warriors in Oakland on Friday night.

Udoh is a strong shot blocker and is expected to combine with Drew Gooden and Larry Sanders on the interior for the Bucks, along with power forward Ersan Ilyasova.

Jennings thought Jackson would be the strong shooting guard to pair with him in the backcourt, but it never worked out. Ellis has played with a high-scoring point guard in Stephen Curry since the 2009-'10 season, so working with Jennings should not be a major adjustment for him.

And Ellis' acquistion should take some scoring burden off Jennings, the Bucks' leading scorer at 19.1 points per game.

Now the Bucks will have Ellis, Carlos Delfino and Mike Dunleavy Jr. to fill the shooting guard and small forward spots, with Shaun Livingston and Beno Udrih as backup help in the backcourt.