The Kings have reached an agreement with Euroleague star Bogdan Bogdanovic on a three-year, $36 million contract, league sources told The Bee. Bogdanovic can sign the deal on July 6 when the moratorium on free-agent signings ends.
The 6-foot-6 guard from Serbia was MVP of the Turkish League and led Fenerbahce to its first Euroleague title this past season. He's considered one of the best shooters in Europe. He was also part of the Serbian National team that won the silver medal in the 2016 Olympics.
He averaged 14.6 points on 50 percent shooting last season. That includes shooting 43 percent from 3-point range.
The Kings acquired the draft rights to Bogdanovic last year during the NBA draft in a trade with Phoenix. The Suns drafted Bogdanovic, 24, with the 27th pick in the 2014 NBA draft and sent his rights, along with the 13th and 28th picks in last year's draft, to Sacramento for the eighth pick in the draft (Marquese Chriss).
The Kings used the picks to select center Georgios Papagiannis 13th and forward Skal Labissiere 28th.