Bogdan Bogdanovic has agreed to a four-year, $68MM extension with the Hawks, sources tell ESPN’s Adrian Wojnarowski.
As ESPN’s Bobby Marks tweets, Bogdanovic had an $18MM player option for 2023/24 — the first year of his extension will replace that option and cannot be less than that amount. The Hawks are projected to be a taxpayer next season, but owner Tony Ressler has never paid the luxury tax, Marks adds.
Bogdanovic was originally selected No. 27 overall in 2014, but continued to play overseas for a few seasons until his NBA rights were acquired by the Kings. The Serbian swingman spent his first three seasons with Sacramento before signing a four-year, $72MM deal with Atlanta as a restricted free agent in 2020 — the Kings elected not to match.