Sacramento Kings guard Bogdan Bogdanovic is not on his way to the Milwaukee Bucks and will instead become a restricted free agent, ESPN reported Wednesday, Nov. 18.

The Kings and Bucks reportedly had a sign-and-trade deal in place for Bogdanovic that would have sent forwards Donte DiVincenzo, D.J. Wilson and Ersan Ilyasova to Sacramento. The trade was contingent on Bogdanovic signing a deal with the Bucks but that is not expected to happen now.

The Sacramento Bee, however, reported Wednesday that, according to a source, there "was never" a pending sign-and-trade deal with the Bucks involving Bogdanovic.

Bogdanovic, 28, is a long-range threat who averaged 15.1 points per game in 61 contests for the Kings last season. He shot 37.2% from 3-point range, while shooting a career-high 7.2 3-point attempts per game.

NBA free agency is slated to begin Friday at 6 p.m. ET.

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Earlier this week, the Bucks acquired point guard Jrue Holiday from the Pelicans, according to multiple reports. The trade will not be official until the NBA league year begins this weekend.

Milwaukee is sending guards Eric Bledsoe and George Hill to New Orleans along with three future first-round draft picks. The trade also features two future draft-pick swaps.

Holiday, 30, was selected the 2020 NBA Teammate of the Year, capping a season in which he averaged 19.1 points, 6.7 assists and 4.8 rebounds. He is due $25.4 million for the 2020-21 season and holds a player option at $26.3 million for 2021-22.

A first-round pick (17th overall) of the 76ers in 2009 out of UCLA, Holiday spent four years in Philadelphia before he was traded to New Orleans in July 2013. Holiday, an All-Star in his final season for the 76ers, has career averages of 15.9 points, 6.4 assists and 3.9 rebounds in 713 games (640 starts).

Bledsoe, 30, spent three seasons in Milwaukee, most recently averaging 14.9 points, 5.4 assists and 4.6 rebounds last season. He previously played for the Los Angeles Clippers (2010-13) and the Phoenix Suns (2013-17), and his career norms are 14.2 points, 4.8 assists and 4.0 rebounds per game.

Hill, 34, led the NBA with a 46.0% success rate from 3-point range last season, hitting 81 of 176 attempts. He averaged 9.4 points, 3.1 assists and 3.0 rebounds in 2019-20, leaving his career averages at 11.1 points, 3.2 assists and 3.1 rebounds. Hill has competed for the San Antonio Spurs (2008-11), Indiana Pacers (2011-16), Utah Jazz (2016-17), Sacramento Kings (2017-18), Cleveland Cavaliers (2018) and Milwaukee.

The Bucks are attempting to persuade NBA Most Valuable Player Giannis Antetokounmpo to stay with them long term. Antetokounmpo is coming off his second consecutive MVP season and was also selected the NBA's Defensive Player of the Year for 2019-20. The 25-year-old Greek, who has one year left on his current contract, could sign a super-max contract extension worth between $220 million and $250 million over five years to remain with the Bucks.