• Nets can't agree to buyout for Bogdanovic

    Summary of 2 articles · Updated Jul 10, 2013
    The Nets, who acquired Bogdanovic in a 2011 draft-night trade, still retain his rights. The Nets had agreed to terms with Bogdanovic on a three-year contract starting at $2.5 million on Friday night but were unable to complete a buyout with the 24-year-old's current professional team in Turkey, Fenerbahce Ulker. The most the NBA's collective bargaining agreement would allow the Nets to contribute to such a buyout would be $575,000, according to Larry Coon's NBA Salary Cap FAQ; Fenerbahçe had reportedly been seeking $2 million in exchange for letting Bogdanovic walk, and the balance would have to come out of his NBA salary . The Nets will now have to look elsewhere to add shooting help on the wing. Kings also said that he hoped to finalize the Nets' pending acquisition of Boston Celtics forwards Kevin Garnett and Paul Pierce, along with guard Jason Terry, by Friday. Multiple sources soon confirmed as much to Howard Beck of the New York Times before King himself shared the news with Stefan Bondy of the New York Daily News. So for right now, at least it appears that there'll be no Bojan in Brooklyn.

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