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Nets To Sign Bojan Bogdanovic?

SATURDAY, 1:51pm: Bogdanovic pegged his chances of joining the Nets at only 50% or slightly higher when speaking to a Croatian radio station today, as noted on the website Sportnet (translation via Nets Daily). Bogdanovic denied that a deal had been signed, though no deal can be officially signed until the July Moratorium is up on Wednesday, anyway.

FRIDAY, 8:23pm: Bogdanovic will get a three-year deal with a starting salary of about $2.4MM, tweets Howard Beck of The New York Times. That would leave close to $800K on the mini mid-level for the Nets to sign someone else. That wouldn't be enough room to bring on a player for as much as the two-year veteran's minimum salary, but as Stefan Bondy of the New York Daily News points out on Twitter, the Nets may prefer to let that money go unspent so they can save on their already-hefty luxury tax bill.

8:03pm: The Nets have reached agreement on a deal that will bring 2011 second-round pick Bojan Bogdanovic to the team for the coming season, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link). The team acquired the draft rights to the Bosnia and Herzegovina native shortly after he was taken 31st overall by the Heat two years ago.

When it appeared the Nets would use their mini mid-level to sign Kyle Korver, it looked like Bogdanovic would not be coming stateside this season, since the rookie minimum salary would have been all Brooklyn would have had left to give him. With Korver heading back to the Hawks instead, that frees up as much as $3.183MM to give to Bogdanovic as a starting salary.

The 6'8" small forward maintained interest in playing for the Nets even as it appeared he wouldn't get the chance to do so right away. He averaged 14.3 points per game and shot 38.7% from three-point range this past season for Fenerbahce Ulker in Turkey. 

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