The NBA has opened an investigation into the failed sign-and-trade that would've sent RFA Bogdan Bogdanovic to the Milwaukee Bucks from the Sacramento Kings, according to The New York Times' Marc Stein.
ESPN's Adrian Wojnarowski reported Wednesday that the deal fell through because Bogdanovic plans to enter restricted free agency when the market opens Friday at 6 p.m. ET, and hopes to find an offer sheet or another sign-and-trade opportunity.
Earlier Wednesday, The Athletic's Sam Amick reported the Serbian swingman never agreed to join the Bucks.
On Tuesday, Wojnarowski reported Bogdanovic and Justin James were heading to the Bucks in exchange for Donte DiVincenzo, Ersan Ilyasova and D.J. Wilson.
Bogdanovic posted his third consecutive solid season with the Kings in 2019-20, averaging 15.1 points, 3.4 rebounds and 3.4 assists over 61 games. The 28-year-old is a reliable three-point shooter, converting at a 37.4 per cent clip over his NBA career.