The New Orleans Pelicans are finalizing a deal to send guard Jrue Holiday to the Milwaukee Bucks in exchange for a package that includes Eric Bledsoe, George Hill and three first-round picks, sources told ESPN's Adrian Wojnarowski.

The deal trade also include a pair of pick swaps and will ultimately amount to something similar to what the Pelicans received from the Lakers last season in the deal that sent Anthony Davis to Los Angeles.

Holiday, 30, was an All-Defensive first team selection in 2017-18 and a second-team selection in 2018-19. He just missed being named to the team last season.

Holiday has a reputation around the league as being one of the best defenders in the league and best two-way guard. He averaged 19.1 points and 6.7 assists last season.

Holiday is set to be paid $25.4 million for the 2020-21 season and holds a player option for $26.3 million for the following year.

For Milwaukee, this deal tries to add another piece to the puzzle to help convince Giannis Antetokounmpo to sign the supermax extension he is eligible for. The Bucks are now able to pair the two-time reigning MVP with All-Star Khris Middleton and Holiday.

New Orleans, meanwhile, adds to their pick war chest that includes the Lakers' 2021 reverse lottery-protected pick (8-30) that becomes unprotected in 2022, the right to a 2023 Lakers first-round pick swap, and either a swap in 2024 or 2025 for another first-rounder.