A source confirmed to SNY.tv on Friday evening that Bogdanovic was set to come over on a 3-year contract starting at $2.5 million per season, which means the Nets did not give him their full mini mid-level exception of $3.2 million. The third year was set to be a player option.
The problem getting the 24-year-old over from Turkish League and Euroleague contender Fenerbache centered around his buyout, which a source told SNY.tv on two separate occasions in May was 'manageable' at between $1 million and $1.5 million. He was year remaining on Fenerbache deal.
King expressed concern to beat writers at the Orlando Summer League on Wednesday morning that the deal would get done. A short time later, it was confirmed the Nets would be moving on.
At the time he expressed his concern, King said there was one other player he could see using the mini-MLE on. King did not identify that player, but free agent small forward Andrei Kirilenko makes some sense for that spot.
The 32-year-old Russian declined his $10.2 million player option for next season with the Minnesota Timberwolves to hit the open market and try and seek a multi-year deal for big money. At his age, this is likely his last opportunity in the NBA for a big pay day.
Kirilenko averaged 12.4 points and 5.7 rebounds in 64 games last season. It is unclear whether or not he would settle for the mini-MLE, which would pay him approximately $10 million over the next three seasons. Since free agency negotiations opened league-wide on July 1, there has been little to no market for Kirilenko. The moratorium on player transactions was lifted on Wednesday morning at 12:01 a.m.
There is history between Kirilenko and Nets owner Mikhail Prokhorov as Kirilenko played for Russian power CSKA Moscow from 1998-2001. Prokhorov owned the club from 1997-2008.
Josh Newman is SNYNets.com’s Field Reporter. Follow him on Twitter for up to the minute news and banter on all things related to the Brooklyn Nets and the NBA