The sign-and-trade that was supposed to send Bogdan Bogdanovic to the Milwaukee Bucks is in jeopardy of collapsing, and neither party seems too thrilled about it.

“‘I think there’s a fair amount of displeasure between the two sides in terms of the Bucks and Bogdan’s camp,’ The Athletic’s Sam Amick said Wednesday on ‘The Athletic NBA Show‘.”

We’ll surely ascertain more details in the coming days, but it remains unclear specifically what was or wasn’t communicated that led to the falling out. (Somehow, it’s not surprising the Kings are involved in a trade-related snafu.)

According to The Sacramento Bee’s Jason Anderson, “there was never a deal” in place and reports of one may have been premature.

“Bogdanovic never agreed to the terms of any deal and cannot be offered a deal until free agency begins Friday. The Athletic reported the deal was ‘in peril’ because that element of an already complicated agreement ‘has become a major issue.’ The trade can’t be finalized until the free agency signing period begins at 12:01 ET Sunday, so the two teams might have time to salvage the deal.”

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On Monday, ESPN’s Adrian Wojnarowksi reported that Sacramento had agreed to send Bogdanovic (and Justin James) to Milwaukee in exchange for Donte DiVincenzo, Ersan Ilyasova, and D.J. Wilson.

Bogdanovic rejected a four-year, $51.4 million extension from the Sacramento Kings in the fall of 2019.

He can seek another sign-and-trade or become a restricted free agent on Friday. With his relationship with the Bucks now seemingly damaged, the Serbian swingman is likely to target another team.

The Bucks brass was hoping the Bogdanovic acquisition would be the icing on the cake that persuades Giannis Antetokounmpo to sign a five-year supermax extension before the Dec. 21 deadline. Earlier on Monday, the Bucks paid a fortune — including three first-round picks, two-pick swaps, and two good players (Eric Bledsoe and George Hill) — to acquire Jrue Holiday from the New Orleans Pelicans.