The Western Conference-leading Utah Jazz's franchise-record home winning streak ended at 24 games after the Washington Wizards handed them a 125-121 defeat in Salt Lake City.
But it was not to be, with Washington's Bradley Beal (34 points) draining two free throws with 11 seconds left before Bogdanovic missed a three-pointer from the corner and Beal's team-mate Russell Westbrook added a pair of frees to claim the victory.
The second-placed Phoenix Suns moved closer to usurping the Jazz at the top of the West after they beat the Houston Rockets 126-120 in Arizona.
In the process, the hosts equalled the league record with 18 three-pointers in the first half and finished with a franchise-record 25 threes.
The Los Angeles Lakers had no answers for the defensive prowess of the New York Knicks, who out-rebounded the Lakers 47-33 en route to a 111-96 win.
The Eastern Conference-leading Philadelphia 76ers easily accounted for the Dallas Mavericks 113-95, while DeMar DeRozan only needed three quarters to score 19 points for the San Antonio Spurs as they defeated the Orlando Magic 120-97.
Jonas Valanciunas backed up a 32-point double-double the previous night to score 26 points and 14 rebounds as the Memphis Grizzlies surged in the fourth quarter for a 101-90 victory over the Chicago Bulls.
The Sacramento Kings shaved 22 points off the lead the New Orleans Pelicans established in the second quarter, before ultimately falling to their seventh-straight loss on the wrong end of a 117-110 scoreline.