Bogdan Bogdanovic signs Hawks’ offer sheet

Bogdan Bogdanovic has signed the Atlanta Hawks’ offer sheet of four years, $72 million submitted Sunday morning, the Atlanta Journal-Constitution has confirmed.

The addition of Bogdanovic would bolster the Hawks’ wing rotation and add more shooting to a roster that desperately needed it.

The AJC also confirmed the offer includes a player option for the fourth year as well as a 15% trade kicker, which is structured so the team that parts with him must pay it. Marc Stein of the New York Times first reported the signing and contract details.

Since Bogdanovic is a restricted free agent, the Kings have 48 hours to match the offer, so there’s certainly still a chance he stays in Sacramento.

Bogdanovic, 28, has spent three years with the Kings. The guard averaged 15.1 points, 3.4 assists and 3.4 rebounds in 29 minutes per game last season while shooting 37.2% from 3-point range.

The Hawks entered free agency with the most salary cap space — more than $44 million — in the league. They had the spending power to vastly improve the team heading into the 2020-21 season. So far, the team has added Danilo Gallinari, Kris Dunn and Rajon Rondo in free agency, and traded center Dewayne Dedmon to Detroit in return for Tony Snell, a good 3-point shooting wing. They also added via the draft Onyeka Okongwu, who figures to be a good defender and rebounder with offensive upside.

Nabbing Bogdanovic would round out the Hawks’ acquisition of players who could meet enough of their needs to potentially get them to the Eastern Conference playoffs: improved 3-point shooting, team defense, depth, a secondary ball handler, a vocal, veteran presence. They were the worst 3-point shooting team in the league last year (33.3%), had the third-worst defensive rating (114.4) and went almost the whole season searching for answers at center and backup point guard, finishing 20-47 and missing out on the season’s restart in Orlando.

Hawks general manager Travis Schlenk had said his roster construction mindset has shifted from acquiring assets to acquiring talent, and he has demonstrated that so far.

Last week, Bogdonovic was reportedly headed to Milwaukee via a sign-and-trade, but teams weren’t technically allowed to negotiate free agency deals until 6 p.m. Friday, Nov. 20, without risking a tampering charge. The NBA opened an investigation into alleged negotiations between the Kings and Milwaukee Bucks, per Stein, and the deal seemingly fell through.