10:08pm: The Kings offered Iguodala a four-year, $56MM deal, league sources tell Adrian Wojnarowski of Yahoo Sports (on Twitter). That comes out to an average annual value of $14MM.
8:42pm: The Kings have made signing free agent Andre Iguodala their top priority, according to Marc Stein of ESPN.com. Meanwhile, Tyreke Evans is being pushed closer to the Pelicans, as the Kings are leaning strongly against matching his four-year, $44MM offer sheet.
It remains to be seen whether the Kings and their new ownership group can assemble an offer big enough to steal Iguodala away from the Nuggets, who are determined to hang onto him. Making matters even more difficult, Iguodala is also drawing interest from other suitors including the Pistons and Warriors.
The Kings' current stance, according to sources, is that matching the Pelicans' offer sheet for Evans would be too pricey, especially after Sacramento drafted Ben McLemore with the No. 7 pick.