Milwaukee says it is keeping center Brook Lopez.
"We are engaged in free agent negotiations with Brook Lopez," general manager Jon Horst said in a statement. "We intend to enter into a player contract with Brook once the moratorium period has ended."
The Bucks did not disclose terms of the agreement with Lopez. ESPN reported it was a four-year, $52 million deal for Lopez, who averaged 12.5 points for the Bucks in his first season with them.
Lopez made 187 3-pointers last season, an NBA record for a 7-footer.
Milwaukee also agreed to a five-year deal with forward Khris Middleton on Sunday evening. The Bucks will also send guard Malcolm Brogdon to Indiana in a sign-and-trade deal with the Pacers that will land Milwaukee a 2020 first-round draft pick and consideration for two other future second-round picks.
