3:40pm: The Kings still want to add a consultant to the front office mix, USA Today's Sam Amick reports, adding that he doesn't think they'll hire "one of the usual suspects who was interviewed." In any case, D'Alessandro is expected to lead the front office, Amick says. (Twitter links).
2:33pm: TNT's David Aldridge and USA Today's Sam Amick have confirmed Wojnarowski's report (Twitter links). Ken Berger of CBSSports.com hears the Kings are still deciding whether to hire another front office executive to pair with D'Alessandro and says Wallace would be the leading candidate for that position. Wallace remains under contract as GM of the Grizzlies, but he's been pushed to the side under the new, analytics-driven leadership of owner Robert Pera and CEO Jason Levien.
2:09pm: The Kings and Pete D'Alessandro have reached an agreement on a deal that would make him Sacramento's new GM, tweets Adrian Wojnarowski of Yahoo! Sports. D'Alessandro has been serving as vice president of basketball operations for the Nuggets, and was the chief assistant to former Denver GM Masai Ujiri. The Nuggets were reportedly leaning toward D'Alessandro for their GM vacancy, but it appears they'll have to move to other candidates.
The hire is somewhat of a surprise, since D'Alessandro's name wasn't one of several that were said to be in the mix as recently as two days ago. Chris Wallace, David Morway and Scott Layden appeared to be the front-runners at that point. Perhaps one of them or another executive will join D'Alessandro in the front office, since new owner Vivek Ranadive has indicated he might want to hire a tandem of someone with experience and a relatively fresh face to lead the team's basketball ops.
One possible front office partner for D'Alessandro could be Chris Mullin, the former Warriors GM under whom D'Alessandro served from 2004 to 2008. Mullin's name came up in connection with the Kings job via multiple reports.