Andrew Bogut won't play in Australia

The complications involved in securing the requisite insurance that would allow Andrew Bogut to play in Australia during the NBA lockout have scuttled any hope of a workable contract, according to his representative.

Agent David Bauman said Thursday that a deal to put Bogut on the court with the Sydney Kings is "off" because insuring the nearly $40 million remaining on the 7-footer's contract with the Milwaukee Bucks is not feasible.

"He's very disappointed because he was hoping to help the profile of the NBL and bring in new fans," Bauman said after speaking to Bogut by phone. "But the risks for his outstanding money were too great."

Bogut's commitment to play for the Sydney club was announced earlier Thursday in Australia. Officials there have continued to say that the possibility of Bogut playing for the Kings remained alive, but Bauman told ESPN.com that the insurance obstacles can't be overcome.

The Kings were hoping to have Bogut in uniform Friday to face the Melbourne Tigers, who have signed Portland Trail Blazers guard Patty Mills to a contract during the lockout.