Washington will also get forward Chris McCullough in the deal and send a lottery-protected 2017 first-round pick,
Bogdanovic, 27, is averaging a career-high 14.2 points a game as a starter for the struggling Nets. He will add depth to the Wizards, who are in third place in the Eastern Conference.
"Bojan is a very good shooter and a talented overall scorer whose versatility gives us an added dimension as we gear up for the stretch run," General Manager Ernie Grunfeld said in a statement. "He is a proven starter that will provide us an added boost off the bench and allow us to be creative with our lineups."
With the addition of Bogdanovic, a pending restricted free agent, Washington continues its push to challenge the
It's the second consecutive season the Wizards traded their first-round pick at the deadline after acquiring power forward
Bogdanovic is shooting 44% this season, including 37% from three-point range. The 2011 second-round pick led the Nets with 99 three-pointers and was second on the team in scoring.
The 6-foot-8 Bogdanovic was the leading scorer in the Olympics, averaging 25.3 points to lead Croatia to a surprising berth in the quarterfinals as the top seed from its group.
Cavaliers consider adding Sanders to roster
As trade rumors swirled before Thursday's deadline, the Cleveland Cavaliers took a more practical approach to improving their roster.
With an open roster spot and needing frontcourt help, the Cavaliers met with
The 6-foot-11 Sanders took a physical and met with Cavs Coach
With All-Star forward Kevin Love recovering from knee surgery, The Cavaliers could use another frontline player and Sanders would be a nice fit. The team also signed forward
"It was good," Lue said of meeting Sanders. "He's a good dude. I know he has some negative things said about him, but just meeting him for the first time, just talking to him one on one, I mean, he's a great guy. You never know, you never understand until you're around that person and you're able to talk to that person. With me, everybody I meet always has a clean slate."
The 28-year-old Sanders, who was the No. 15 overall pick in 2010, averaged 7.3 points and 6.1 rebounds in 27 games for Milwaukee in 2014-15 before the Bucks bought out his contract. Sanders announced his comeback last month.