Jared Dudley has exercised his $4.25 million option to stay with the Milwaukee Bucks next season, sources told ESPN.com's Marc Stein.
Dudley rebounded following a disappointing stint with the Los Angeles Clippers, who dealt the veteran swingman to the Milwaukee Bucks in a cost-cutting move following the 2013 season.
He shot a career-low 43.8 percent from the field in 2013-14, but bounced back to shoot 46.8 percent in his first season with the Bucks, though he averaged just 7.2 points per game.
Dudley's real value comes from his ability to defend multiple positions. When Milwaukee elected to go small, the 6-foot-7 small forward would rotate over to play power forward.