The Nets have signed draft-and-stash prospect Bojan Bogdanovic, the team announced via press release. It’s a three-year, $10.1MM deal, a source tells Adrian Wojnarowski of Yahoo! Sports (Twitter link), so it’s likely the team is signing him for the full value of the taxpayer’s mid-level exception. That’s the framework that Ohm Youngmisuk of ESPN.com outlined when it appeared, as Tim Bontemps of the New York Post reported, that the sides were close to a deal. Youngmisuk also said the deal would include a player option, though it’s not entirely clear if that’s indeed a part of the arrangement.
Bogdanovic has spent the past three seasons playing for Fenerbahce Ulker in Turkey after he became the 31st overall pick of the 2011 draft. The Nets acquired his rights on draft night, and struck a deal to sign him a year ago. Complications regarding his buyout from Fenerbahce caused that agreement to come apart, but this time, the Nets were able to make it official.
The 25-year-old Bogdanovic averaged 13.4 points and 35.0% three-point shooting this past season in Turkey. He’s not to be confused with Bogdan Bogdanovic, whom the Suns drafted 27th overall in June, and who signed with the same Turkish team earlier this month.