Sources: Hawks, Bogdan Bogdanovic agree to 4-year, $68 million deal

Atlanta Hawks guard Bogdan Bogdanovic has agreed on a four-year, $68 million contract extension, sources told ESPN on Thursday.

Bogdanovic declined his $18 million player option for the 2023-2024 season and replaces it with a new long-term deal, sources said.

Bogdanovic's representatives at Wasserman finalized the deal with Hawks general manager Landry Fields this week, sources said.

At 30 years old, Bogdanovic is averaging 14 points on 40 percent 3-point shooting for the Hawks this season. Bogdanovic arrived from the Sacramento Kings as a restricted free agent on a four-year, $72 million deal in 2020, and has been a staple in the Hawks' lineup. He's averaged 14.2 points in his six seasons with the Kings and Hawks.