Report: Bucks waiving Ersan Ilyasova, signaling Bogdan Bogdanovic sign-and-trade really off

Bucks forward Ersan Ilyasova and Kings guard Bogdan Bogdanovic
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The Bucks planned to send Donte DiVincenzo, D.J. Wilson and Ersan Ilyasova to the Kings for a signed-and-traded Bogdan Bogdanovic. Then, the deal was said to be in jeopardy, though many suspected that was just a masquerade to avoid tampering charges. Then, the deal was said to be off, which still looked like it might be a more forceful attempt to cover for tampering.

But now, it’s really off.

The Bucks are waiving Ilyasova, whose $7 million salary for next season was unguaranteed until tomorrow. Without Ilyasova, Milwaukee can’t plausibly match Bogdanovic’s salary in a sign-and-trade.

Shams Charania of The Athletic:

What a blow to the Bucks, just as Giannis Antetokounmpo is approaching his super-max decision. Jrue Holiday is still a nice addition, but it’s a letdown for Bogdanovic won’t join him in Milwaukee after he was expected to.

The Bucks can now spend the full non-taxpayer mid-level exception ($9,258,000) and bi-annual exception ($3,623,000). Milwaukee also keeps DiVincenzo, a solid young player.

But the Bucks probably won’t get anyone as good as Bogdanovic.