The deal allows Milwaukee to acquire the talented-but-disgruntled Bledsoe - he averaged career highs in points, assists and rebounds past year before requesting a trade in the offseason and being sent home by the Suns two weeks ago for a tweet - without having to give up any of its prized young players, such as Malcolm Brogdon, Thon Maker or Jabari Parker.
That came at a cost in terms of the matching salary.
Bledsoe posted career bests of 21.1 points, 6.3 assists and 4.8 rebounds past year and is one of only nine National Basketball Association players that have averaged at least 20 points and six assists since the beginning of the 2015-16 season.
Bledsoe will join Giannis Antetokounmpo in Milwaukee, giving the Bucks another playmaker and scorer.
Eventually, the Bucks may be confident they can replace Monroe's scoring as part of the second unit with Parker, who could slot into a reserve role when he returns from a torn ACL suffered last February.
"At 6'1", Bledsoe is a smaller guard that does not fit the Bucks traditional prototype of big guards.
Bledsoe has not been with the team since October 22 when he posted "I Don't wanna be here" on Twitter, the same day the Suns fired coach Earl Watson. The Bucks are now $4.4 million below the luxury tax. He has two years left on his 5-year, $70 million contract he signed with the Suns back in 2014.
Those caveats noted, this is still a trade worth making for Milwaukee. With the trade, the Suns (4-7) now have three first-round picks in 2018.
Eric Bledsoe appears to finally be on the move.
While he's got more tools at his disposal, the pressure on Kidd to win now surely ratchets up following this trade.
Get rid of Chandler and/or Dudley and suddenly the rebuilding franchise could be in the mix to add a good player via what is expected to be a free agent market depressed by all of the money spent by teams a couple of summers ago.
Phoenix will get a conditional second-rounder this upcoming NBA Draft it it lands between 48-to-60, but it won't carry over into 2019 if the Bucks keep it in 2018, per Wojnarowski. But with the Cavs struggling out of the gates, there's no better time than now.