The NBL has received a massive boost with Boomers veteran Andrew Bogut returning to Australia to play with the Sydney Kings.

The Kings revealed the news on social media on Sunday night, and released a statement on Monday morning saying they have submitted the paperwork for Bogut's signing.

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Bogut became the first Australian to be the NBA's first overall draft pick when he was selected by the Milwaukee Bucks in 2005.

His signature is just what the Kings need after finishing seventh last season with 11 wins from 28 games.

Their roster is shaping up nicely with their two guards — Kevin Lisch and Jerome Randle — who are both former NBL MVPs, to run their backcourt.

It has been a long 13 years since the Kings won the NBL championship following three straight titles between 2003-2005 — missing the finals for the last five years.

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It has also been 13 years since Bogut debuted with Milwaukee as a 21-year-old.

After seven seasons with the Bucks, he was traded to Golden State where he won a championship with the Steph Curry-led Warriors in 2015.

The 2.13m Melbourne-born Bogut was then traded to the Dallas Mavericks the following year and after one season moved on to Cleveland, where he broke his left leg 56 seconds into his Cavaliers debut.

Late last year, Bogut signed with the LA Lakers but was waived by the club in January this year.

AAP