The following is a press release from the Atlanta Hawks:

ATLANTA – The Atlanta Hawks today announced the team has signed guard Bogdan Bogdanovic to a contract extension, which begins with the 2023-24 season. Per team policy, terms of the agreement were not disclosed.

In his third season with the Hawks, Bogdanovic is averaging 14.1 points on .437 shooting, 3.2 rebounds and 2.9 assists in 28.5 minutes per game. In 43 games (five starts), he is shooting a team-best .401 from three-point range. Bogdanovic is one of only 10 players in the NBA this season to be shooting over .400% from three-point territory, while attempting at least 6.5 triples per game. He has connected on three-or-more from behind the arc 20 times as a reserve this season (24 times total), one of only five bench players in the NBA to have at least 20 such games.

Over his three seasons in Atlanta, the 6-foot-6 guard has posted averages of 15.2 points on .445 shooting (.399 from three), 3.7 rebounds and 3.1 assists in 29.2 minutes in 150 games. Bogdanovic’s .399 clip from three is the sixth-highest mark from deep in the NBA over the past three seasons (min. 1,000 3FGA). He currently ranks 11th all-time for most three-pointers in Hawks history, knocking down 431 in his 150 games played.

In two postseason trips with the Hawks, he has averaged 14.1 points, 4.3 rebounds, 2.9 assists and 1.4 assists in 32.0 minutes over 22 games (18 starts).

“Bogi brings so many of the qualities we are looking for in a Hawks player. In addition to his elite shooting ability, he has the versatility to thrive as a starter or sixth man, and a competitiveness that is invaluable to our team and culture,” General Manager Landry Fields said. “We are excited that he will remain a key part of our team going forward.”

Prior to signing with the Hawks in November 2020, the native of Belgrade, Serbia played three seasons in Sacramento and totaled 13.5 points, 3.5 assists, 3.2 rebounds and 1.0 steal in 28.2 minutes (.434 FG%, .374 3FG%, .806 FT%) in 209 games (97 starts). He was awarded the 2018 Mtn Dew Kickstart Rising Stars Challenge Most Valuable Player, competing for Team World.

Over his six seasons in the NBA, Bogdanovic has career averages of 14.2 points, 3.4 rebounds, 3.3 assists and 1.0 steal in 28.6 minutes per game in 359 games (156 starts).

Originally the 27th overall pick in the first round of the 2014 NBA Draft by Phoenix, the 6-foot-6 Bogdanovic played internationally for Partizan (Serbia) and Fenerbahce (Turkey) before coming to the NBA.

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According to ESPN's Adrian Wojnarowski, it is a four-year, $68 million contract extension.