Restricted free-agent Bogdan Bogdanovic has signed a four-year offer sheet worth $72 million with the Atlanta Hawks, according to The New York Times's Marc Stein.
According to The Times, the deal includes a player-option in its fourth year and includes a 15% trade kicker.
The Kings will have 48 hours to match Atlanta's deal.
Bogdanovic, the No. 27 pick in the 2014 NBA draft, has spent the first three seasons of his NFL career with the Kings. He has averaged double-digit points in each of three seasons, including a career-high 15.