The Kings are picking up the third-year team option on Tyrese Haliburton‘s rookie scale contract for the 2022/23 season, a source tell Adrian Wojnarowski of ESPN (Twitter link). The team has confirmed the transaction in a press release.
The move is a formality, since there was never any chance Sacramento would decline a $4,215,120 option on a promising young player who was in the mix for the Rookie of the Year award last season. Haliburton is now officially locked up through 2022/23, and it’s a safe bet the Kings will pick up his ’23/24 option a year from now.
The No. 12 overall pick in the 2020 draft, Haliburton averaged 13.0 PPG, 5.3 APG, and 3.0 RPG on .472/.409/.857 shooting in 58 games (30.1 MPG) for the Kings in 2020/21. The 21-year-old will team up with De’Aaron Fox and Davion Mitchell this season to form what should be one of the most entertaining young backcourts in the NBA.
Haliburton is the only King with a third- or fourth-year rookie scale option for ’22/23, as our tracker shows.