The Sacramento Kings have decided not to match the Atlanta Hawks' offer sheet for small forward Bogdan Bogdanovic, per Adrian Wojnarowski of ESPN.

Bogdanovic signed a four-year, $72 million offer sheet with the Hawks as a restricted free agent.

Bogdan Bogdanovic is now joining a talented Hawks roster which is headlined by Trae Young, John Collins, Cam Reddish, Rajon Rondo, De'Andre Hunter, Clint Capela, Kevin Huerter and Danilo Gallinari. Atlanta could make some serious noise in the Eastern Conference next season.

As for the Kings, they are losing a valuable asset for nothing. Sacramento tried to sign-and-trade Bogdanovic to the Milwaukee Bucks, but that trade fell through after Bogdanovic didn't agree to play for the Bucks.

During the 2019-20 season, Bogdanovic averaged 15.1 points, 3.4 rebounds and 3.4 assists per game for the Kings. He shot 44.0 percent from the field, 37.2 percent from beyond the arc and 74.1 percent from the free-throw line.

The 28-year-old has never played in the NBA playoffs, one of the main reasons he's probably looking forward to leaving the Kings and joining the Hawks.

The Sacramento franchise hasn't made the playoffs since 2006. While the team signed point guard De'Aaron Fox to a lucrative rookie-scale extension, the Kings have a long way to go before they can call themselves a playoff team in the rugged Western Conference.