The Brooklyn Nets agreed to a three-year, $2.5 million deal with 2011 second round pick Bojan Bogdanovic, according to multiple reports.
Bogdanovic, a Croatian small forward, will sign the contract on Wednesday when transactions can be made official.
The contract includes a player option for the third year. The Nets used most of their mid-level exception to secure Bogdanovic. They are still way over the luxury tax threshold due to their blockbuster deal with the Boston Celtics that gave them veterans Kevin Garnett, Paul Pierce and Jason Terry.
Bogdanovic became an option for the Nets after they were turned down by shooter Kyle Korver, who decided to stay with the Atlanta Hawks for four-years and $24 million.
Bogdanovic, 24, averaged 15.9 points, 2.1 rebounds and 1.2 assists and shot 48.9 percent from the field, including and 40.5 percent from 3-point range for Turkey's Fenerbahce Ulker in the Euroleague.
He also averaged 13.2 points, 2.6 rebounds and 1.9 assists and shot 48.6 percent, including 38 percent on threes in the Turkish League.
The Nets drafted him No. 31 overall in 2011.