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First Major Deadline Trade: Monta Ellis for Andrew Bogut

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We have our first trade of the deadline period and it is a pretty significant one.

Warriors to send Monta Ellis to Bucks in trade for Andrew Bogut - Yahoo! Sports

The Golden State Warriors have agreed in principle to trade guard Monta Ellis and two players to the Milwaukee Bucks for center Andrew Bogut and Stephen Jackson, league sources told Yahoo! Sports. The Warriors will send forward Ekpe Udoh and injured center Kwame Brown to the Bucks as part of a package for Bogut, one of the NBA’s most talented – but also often-injured – centers. The deal will be officially completed later on Tuesday night, one executive involved in the trade said.

Interesting. So now Ellis joins Brandon Jennings in Milwaukee and Bogut joins David Lee in Golden State.

Many of the names were mentioned in talks surrounding Dwight Howard and/or going to Orlando to appease Dwight Howard. This might be a sign that teams have decided to give up on the Howard hunt and move on to other things.

Stay tuned.