Stefan Bondy of the New York Daily News reports:

The 22-year-old Croatian shooting guard, who was drafted 31st by the Nets last week, has three years remaining on his contract with a professional team in Turkey, Fenerbahce, and will never play a home game in New Jersey.

Nets GM Billy King [one week ago] said Bogdanovic, already seven years into his pro career, has an out in his contract after two years, but he’ll try to pry him after one. The Nets move to Brooklyn for the 2012-13 season.

It’s an advantageous situation for both sides, given Bogdanovic’s greenness and the Nets’ crowded backcourt — which now includes MarShon Brooks. Fenerbahce is a European power with former players including Omer Asik, Enes Kanter and Semih Erden.