The Brooklyn Nets have agreed with swingman Bojan Bogdanovic to a three-year deal with a player option in the final season, reports ESPN New York's Ohm Youngmisuk. Bogdanovic will be paid the taxpayers' mid-level exception, which will dole out approximately $10 million total if he plays through the option.
Reports on Sunday indicated that Bogdanovic had decided against joining Fenerbahce Ulker, and the Turkish club was already set to sign the similarly named Bogdan Bogdanovic, the Phoenix Suns' 27th overall pick in the 2014 draft.
Bojan Bogdanovic averaged 14.8 points and 2.4 rebounds in Euroleague play last season.
As NetsDaily reports, Brooklyn was set on re-signing Bogdanovic last season but couldn't find a way past his $2 million buyout with Fenerbahce. But with new agent Arn Tellem leading the way this summer, the native Bosnian made headway in discussions with the Nets, who have a perimeter position to fill because of Shaun Livingston's departure to the Golden State Warriors.
The Nets cannot formally sign Bogdanovic until the NBA free agency moratorium ends on July 10.