Source: Kings extend qualifying offer to Bogdan Bogdanovic as NBA opens investigation

SACRAMENTO, Calif. — The Kings have extended a qualifying offer to Bogdan Bogdanovic and the NBA has reportedly launched an investigation following a failed sign-and-trade agreement that would have sent the Serbian shooting guard to the Milwaukee Bucks.A league source told The Sacramento Bee the Kings extended the $10.7 million qualifying offer Thursday, a day before NBA free agency is set to begin. The offer gives the Kings the right of first refusal, allowing them to match any offer sheet Bogdanovic signs with another team.Bogdanovic and Justin James appeared to be headed to Milwaukee earlie…

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