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.

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.
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.”