10:55pm: The Bucks' press release gives additional detail on one of the picks headed to Milwaukee. The Bucks will receive the higher of Sacramento's own 2016 second-rounder, or the Pelicans' 2016 second-rounder, which the Kings had acquired in a previous transaction.

FRIDAY, 9:45pm: The Kings have officially announced the deal, via press release.

"Luc is one of the premier defenders in the game today, with a proven ability to guard a variety of different scoring threats on a nightly basis," GM Pete D’Alessandro said. "His versatility in this respect will go a long way in helping us improve dramatically on the defensive end of the floor. We’re excited to welcome Luc to the Kings family."

TUESDAY, 2:57pm: The Bucks won't get the Kings' 2018 pick outright, but will have the option to swap second-rounders, says Amick (via Twitter).

2:48pm: The Bucks will receive a 2016 second-round pick and a 2018 second-rounder from the Kings, tweets Charles F. Gardner of the Milwaukee Journal Sentinel. Marc J. Spears of Yahoo! Sports confirms (via Twitter).

2:31pm: The Kings have reached an agreement with the Bucks that will send Luc Mbah a Moute to Sacramento in exchange for draft considerations, reports Ken Berger of CBSSports.com (via Twitter). According to Sam Amick of USA Today (via Twitter), the Kings will give up a lone second-round pick in the deal.

As Jason Jones of the Sacramento Bee wrote overnight, the Kings were still in the market for a small forward, and had the cap space available to take on a player without sending out any salary. Mbah a Moute will make close to $9MM over the next two seasons, including about $4.59MM in 2013/14, a figure Sacramento should be able to absorb using its cap room.

Mbah a Moute, 26, has been remarkably consistent over the course of his NBA career so far. In five seasons with the Bucks, the former second-round pick has averaged between 6.2 and 7.7 PPG each year, along with between 4.4 and 5.9 RPG. However, he hasn't played a full season in either of the last two years, due to knee problems.