"The Milwaukee Bucks are making progress on a deal that would bring back free agent John Salmons, a source close to the process told ESPN.com.

While the source stressed that the two sides have yet to reach a verbal agreement and are still discussing parameters, they believe they have a chance of closing a deal on Thursday.

Salmons exercised a player opt-out on his contract last week. The Bucks responded by making deals for Corey Maggette and Chris Douglas-Roberts on draft day. It was widely assumed that the two deals were a signal that the team was moving on. "