The Atlanta Hawks offered the Sacramento Kings a 2022 first round pick belonging to the Oklahoma City Thunder in a sign-and-trade for Bogdan Bogdanovic, sources tell Sam Amick of The Athletic.

The Kings rejected the offer, which led the Hawks to be concerned that their four-year, $72 million offer sheet to Bogdanovic would be matched.

The pick from the Thunder is lottery protected in 2022 and converts to second rounders in 2024 and 2025 if it doesn't convey as a first rounder. With the Thunder entering a rebuild, the pick is likely to convert to two second rounders, which could be valuable if they have a prolonged rebuild.

The Kings decided not to match the offer sheet due to the logjam with Buddy Hield and Tyrese Haliburton.