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The Sacramento Kings have declined to match the Atlanta Hawks’ four-year offer sheet of $ 72 million for restricted free agent guard Bogdan Bogdanovic, sources told ESPN on Tuesday.
The Kings front office had worked hard on the decision for the past two days, but kept reverting to new GM Monte McNair’s plan to keep the roster flexible. Keeping Bogdanovic would have seriously limited the organization’s ability to continue reshaping the squad around its young core of De’Aaron Fox, Marvin Bagley and Buddy Hield.
And once Tyrese Haliburton fell to the Kings at 12 in Wednesday’s draft, Sacramento suddenly had a deeper, more talented backcourt than they originally anticipated as they made their way to free will. – another factor in Monday night’s decision.
The Kings had 48 hours, until midnight Eastern Time Tuesday, to make the decision to match the offer sheet and keep Bogdanovic or let him go for the Hawks.
For Travis Schlenk, general manager of Atlanta, it made sense to overpay the market value of Bogdanovic. This is traditionally how teams land players in restricted free agencies. Now Bogdanovic joins Danilo Gallinari as the centerpieces of a Hawks free agency class that reshaped the roster around young All-Star guard Trae Young.
The Hawks have been aggressive in using the salary cap space to bring in established veterans to supplement a young core, signing Gallinari (three-year, $ 61.5 million), guard Rajon Rondo (two-year, $ 15 million ), guard Kris Dunn (one year, $ 5 million) and forward Solomon Hill (one year).
Bogdanovic, 28, is the subject of a league investigation into whether a forgery could have occurred in talks between Sacramento and Milwaukee over a signing and swap deal before the opening of the Friday’s free will period, sources said.
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