10:40pm: The Kings have officially announced the swap (via Twitter).
7:24pm: The Suns and Kings have agreed to a trade that will send the No. 8 pick to Phoenix, reports Adrian Wojnarowski of The Vertical (via Twitter). According to Jeff Goodman of ESPN.com (Twitter link), the pick will be Washington power forward Marquese Chriss.
In return, Sacramento will receive Bogdan Bogdanovic and the Suns’ pick at No. 13, according to Shams Charania of The Vertical (Twitter link). Phoenix’s pick at No. 28 will also be included, along with a second-rounder in 2020, tweets John Gambadoro of Arizona Sports 98.7. That second-round pick originally belonged to the Pistons (Twitter link).
Earlier today, Bogdanovic decided to remain in Turkey for another season before joining the NBA. That decision gives him the freedom to negotiate a salary in 2017, rather than being bound by a rookie contract, which would have happened if he had signed during this offseason.