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Report: Bogdan Bogdanovic plans to enter restricted free agency on Friday [UPDATE]

The Bucks had reportedly agreed to a sign-and-trade for Bogdanovic with the Kings. The SG never agreed to the deal and has opted to test the market.

Bogdan Bogdanovic of the Sacramento Kings drives to the basket against the Los Angeles Lakers on August 13, 2020 at The Field House in Orlando, Florida.  Photo by Garrett Ellwood/NBAE via Getty Images

UPDATE: Nov. 18, 7:28 p.m. — Bogdanovic will enter restricted free agency when the window opens on Friday at 6:00 p.m. ET, per Adrian Wojnarowski of ESPN. So that certainly sounds like the trade between the Kings and the Bucks either has fallen through or never was agreed upon.

UPDATE: Nov. 18, 5:40 p.m. — We’ve got BIG news from Sam Amick of The Athletic on the Bogdanovic trade front. Apparently the 28-year-old SG never agreed to such a deal to go to Milwaukee and now there is the possibility the trade may fall through. Per Amick, a high-ranking official from Sacramento says the deal has “issues and outcome is unclear.”

This would only be a slight setback for the Bucks, who made a deal for Jrue Holiday prior to the reported sign-and-trade for Bogdanovic. First of all, this could get resolved and Bogdanovic could go to Milwaukee as planned. If it doesn’t, the Bucks simply seek another deal for a wing. The way teams are operating this offseason, it shouldn’t be hard to find another comparable wing to pair with Giannis, Holiday and Middleton.

The Sacramento Bee and Jason Anderson are also confirming the Bogdanovic news from Amick. Not only is Anderson confirming Amick’s report, he says that there was no deal and Bogdanovic never agreed to anything. The RFA can’t agree to any contract until Friday rolls around.

The Milwaukee Bucks are not done making deals. A few hours after acquiring Jrue Holiday from the New Orleans Pelicans, the Bucks are now landing SG Bogdan Bogdanovic from the Sacramento Kings in a sign-and-trade, per ESPN’s Adrian Wojnarowski. The Bucks dealt Eric Bledsoe and George Hill, plus three draft picks in order to land Holiday from New Orleans. Now, the Bucks will ship off Donte DiVincenzo, Ersan Ilyasova and DJ Wilson to Sacramento to land Bogdanovic, who was set to become a restricted free agent on Friday at 6:00 p.m. ET.

So to recap a bit, so far on Monday night the Bucks have done the following:

Added — Jrue Holiday, Bogdan Bogdanovic
Given Up — Eric Bledsoe, George Hill, Donte DiVincenzo, Ersan Ilyasova, DJ Wilson, three first-round picks, two pick swaps

Ummmmm, okay? I guess this is in an attempt to strengthen the roster to try and keep Giannis Antetokounmpo. I guess it makes the Bucks a better team? They don’t really have any depth though. Let’s look at the depth chart now. Remember, Robin Lopez AND Wesley Matthews both declined their player options for 2020-21.

PG: Jrue Holiday, Frank Mason III
SG: Bogdan Bogdanovic, Kyle Korver, Sterling Brown
SF: Khris Middleton, Pat Connaughton, Sterling Brown
PF: Giannis Antetokounmpo, Thanasis Antetokounmpo
C: Brook Lopez

The Bucks still have plenty of roster spots to fill out, though I’m not 100 percent sure how they are going to swing that. They’ll likely look to bring back veteran players like Marvin Williams, Robin Lopez and even somebody like Matthews to fill out the roster on the MLE. There’s no doubt that a starting 5 of Holiday, Bogdanovic, Middleton, Giannis and Lopez is very dangerous. The Bucks are banking on all of those players staying healthy, though. It just doesn’t seem that practical when you aren’t guaranteed to win a title, and the all-in strategy means you risk losing Giannis to free agency if things blow up in your face.

With that said, there has been chatter that Antetokounmpo plans on sticking around on the five-year max, so this will give him a shot at a title in 2020-21, and then the team can figure things out after that. It was sort of the only play they had. Make big moves to improve the roster, go all-in for the playoffs and hope that the team can get it done. It’s not going to be easy, plus Holiday and Bogdanovic aren’t exactly grizzled playoff veterans. Holiday has 30 playoff games to his name and Bogdanovic zero.

Title odds still haven’t moved on DraftKings Sportsbook for the Bucks, they are still +600, tied for second-best odds with the Clippers behind the Lakers. I’m surprised the odds are still up and haven’t shifted much. I’d be looking hard at that line given the Bucks had the best record in the NBA last season and just added Holiday and Bogdanovic to the roster. I’m still worried about the depth, plus there’s still the draft and free agency, so plenty of time for more moves to be made.

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