MAY 12, 11:53am: A day after suggesting that the Kings were a strong contender for Teodosic, Pick has shot down his own report, citing a Sacramento executive who says the team won’t be in the mix to sign the Euroleague star (Twitter link).

MAY 11, 1:10pm: The Kings are a legitimate contender in the Milos Teodosic sweepstakes, a source tells international basketball reporter David Pick (Twitter link). As Pick observes, Sacramento GM Vlade Divac has a strong connection to Teodosic, a fellow Serbian.

Teodosic, who is primarily a point guard but can also play off the ball, will be coming off another strong season with CSKA Moscow this summer. In 27 Euroleague games, the veteran guard has averaged 16.2 PPG and 7.0 APG en route to leading his club to a spot in the Euroleague Final Four.

We heard way back in September that Teodosic was eyeing a potential jump to the NBA in 2017. The 30-year-old, who is in the final year of his contract with CSKA Moscow, suggested at the time that he was ready to “compete against the best players in the world” in North America, and he has received plenty of NBA interest since then, having been linked most frequently to the Nets.

The Kings, who only have about $35MM in guaranteed salaries on their books for the 2017/18 league year, will certainly be able to compete financially with any other suitor, including the Nets. But, while money will obviously be one factor Teodosic considers, he has also stated that the team he joins will have to meet his “competitive ambitions.” Neither the Kings nor the Nets are expected to be a legit contender in 2017/18.