The Milwaukee Bucks lost combo guard Malcolm Brogdon this summer after the 2017 Rookie of the Year signed a four-year, $85 million offer sheet with the Indiana Pacers.

The Bucks and Pacers ended up completing a sign-and-trade deal, with the Bucks getting draft picks in return for Brogdon.

A Milwaukee executive says the Bucks “would have loved” to re-sign Brogdon, but the offer sheet was too expensive for the franchise to match.

“It was complicated. We had to retain the right guys, while also adding some help,” the Bucks exec told Keith Smith of Real GM. “We would have loved to keep Malcolm Brogdon, but that number got too big for us to match and too big for him to turn down. We got a future pick out of the deal, so that helps. But we kept Khris Middleton and Brook Lopez, and added Robin Lopez and Wesley Matthews. And we don’t think we are done yet. We’ve got a little room to keep working.”

Malcolm Brogdon averaged 15.6 points, 4.5 rebounds and 3.2 assists last season while shooting 50.5 percent from the field, 42.6 percent from beyond the arc and 92.8 percent from the free-throw line.

The Bucks are going to miss Brogdon's shooting, playmaking and defensive skills, but they needed to save money so they could re-sign small forward Khris Middleton and center Brook Lopez.

Milwaukee did sign sharpshooter Kyle Korver after he was waived by the Phoenix Suns, so they were able to replace Brogdon's shooting prowess with Korver.