NBA: The Milwaukee Bucks offer to extend Monta Ellis, could this mean Brandon Jennings is out?

Monta Ellis has a player option for the 13-14 season worth 11.8 million. A lot of people believe that Ellis could possibly opt out and test the free agent waters. After learning the Bucks offered Ellis a 3 year 36 million dollar extension pending on if he opts in this summer it could make his decision a lot harder. Will he leave the money on the table and test the water or will he take the for sure thing and the extension?
The Bucks are a team who has make a few questionable moves lately mainly trading away Tobias Harris to Orlando for J.J. Redick, Harris showed a lot of potential once he got to Orlando.

Point Guard Brandon Jennings is a restricted free agent this summer meaning they can match any offer another team makes for him. Now that they have places there claim on Ellis does this mean they have closed the book on Jennings? Or if Ellis opts out to they place all of their extra energy into signing Jennings? Nonetheless it should be an interesting summer in Milwaukee.

Do you think the Bucks should sign both players? Ellis or Jennings? Who would you want to build around if not both, let us know.

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-JT