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Bogdanovic agrees to four-year, $68 million extension with Hawks

Atlanta Hawks v Washington Wizards

WASHINGTON, DC - MARCH 10: Bogdan Bogdanovic #13 of the Atlanta Hawks moves the ball during the game against the Washington Wizards on March 10, 2023 at Capital One Arena in Washington, DC. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2023 NBAE (Photo by Kenny Giarla/NBAE via Getty Images)

NBAE via Getty Images

Bogdan Bogdanovic should fit well in new coach Quin Snyder’s system in Atlanta — he can space the floor (40.1% from 3), and is a microwave scorer who can do some secondary playmaking.

Which is why the Hawks decided to keep him around with a four-year, $68 million contract extension, a story broken by Adrian Wojnarowski of ESPN and later officially announced by the team.

Bogdanovic had a player option for next season at $18 million, one he was expected to decline to hit free agency. Now the Hawks avoid that mess. Bogdanovic still will decline his option and take a little less in the short term (likely $15.2 million next season, though that is not official) for the security of three more seasons beyond that one (likely all fully guaranteed).

After missing the first 22 games of this season recovering from knee surgery, Bogdanovic has averaged 14.1 points per game with a 57.1 true shooting percentage (right around the league average). That level of production made him a trade target at the deadline with the Cavaliers leading a host of teams who called about his services. The Hawks wanted to keep Bogdanovic — as evidenced by the extension — and made it clear they had to be blown away by an offer to talk trade. No offer to their liking came in.

While he turned 30 this season and has had knee issues, Bogdanovic should be able to maintain close to that level of production throughout the life of the contract.