Free-agent guard Bogdan Bogdanovic and the Atlanta Hawks and have reportedly agreed to an offer sheet worth $72 million over four years.
Sam Amick of The Athletic reported the news after he initially said the Hawks feel "very, very good" about landing Bogdanovic, who is a restricted free agent. The offer sheet contains a fourth-year player option, per Amick.
The Sacramento Kings would have matching rights on Bogdanovic and may push Atlanta into agreeing to a sign-and-trade. The Kings previously had a sign-and-trade in place that would've sent Bogdanovic to the Milwaukee Bucks, but that deal fell apart because Bogdanovic had not come to terms to a contract with the Bucks.
The Hawks have been among the most aggressive teams in free agency, agreeing to terms with Danilo Gallinari, Rajon Rondo and Kris Dunn as they look to build a playoff-caliber roster.
Bogdanovic averaged 15.1 points, 3.4 rebounds and 3.4 assists last season, his third in Sacramento. A solid floor-spacer and secondary distributor, Bogdanovic's free-agency interest is the latest evidence of how much teams value shooting. His contract is comparable to the five-year, $80 million deal that the Washington Wizards gave Davis Bertans.
The Hawks can sign Bogdanovic into cap space, but they could also agree to a sign-and-trade with Sacramento. The Kings were set to land Donte DiVencenzo, D.J. Wilson and Ersan Ilyasova in the proposal from Milwaukee.
Sacramento could look for a young, cost-controlled piece in exchange for not matching Atlanta's offer sheet.