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.

Bogut appeared in 65 games last season and averaged a robust 11.1 rebounds and 2.6 blocks to go with 12.8 points, but he's acknowledged that the damage inflicted on his right hand and elbow from a nasty fall in April 2010 compromised his effectiveness throughout. He had another surgery in the spring to remove bone chips in the elbow.

In an interview with the Milwaukee Journal-Sentinel late last month, Bogut said: "I will have limitations my whole life, but compared to where I was this time last year, it's night-and-day better. I am shooting every day and lifting weights four times a week.

"My elbow still gets very achy if I overdo training [or take] too many shots in one day, so I still have to be a little bit careful."

Bogut was courted by the Adelaide 36ers and the Gold Coast Blaze in addition to the Kings and was eager to play in his home country if the lockout drags on. Any deal would have included an out clause to ensure that Bogut could return to Milwaukee immediately when the lockout ended.

Marc Stein is a senior NBA writer for ESPN.com.