The Kings made a salary-dump trade on Thursday, agreeing to send the No. 24 pick (Olivier-Maxence Prosper was selected) and reserve center Richaun Holmes to the Mavericks. Holmes is owed $24.9MM over the next two seasons, including a player option in 2024/25.
The move could give Sacramento about $33MM in cap room this summer if they renounce most of their cap holds. A league source tells James Ham of TheKingsBeat.com that one option the team has considered with that financial leeway is renegotiating Domantas Sabonis‘ $22MM expiring contract in ’23/24 in order to give him an immediate raise and thus a larger extension offer.
As Ham details, if the Kings were to increase Sabonis’ deal to $30MM, they could offer him a four-year extension worth about $189MM (with a starting salary of $42MM in ’24/25, which is close to his projected maximum), plus the $8MM increase to his ’23/24 salary.
Here’s more on the Kings:
- At his post-draft press conference, GM Monte McNair declined to say whether or not Sabonis had thumb surgery, but suggested the expectation is he’ll be “good to go” for ’23/24, tweets Jason Anderson of The Sacramento Bee. Sabonis sustained an avulsion fracture to his thumb in December, but decided to play through the injury.
- The flexibility the Holmes trade created was key for McNair, per Anderson. “I think, for us, we always value the optionality and flexibility when we can acquire it,” McNair said. “This was a great season for a lot of reasons and we want to have a long playoff run here and continue to compete. To do that in today’s NBA, you have to be able to build your team out, not just in the very near term, but over the course of many years. So, we’re always having that balance.”
- Could the Kings pursue their playoff nemesis Draymond Green in free agency with their extra cap room? ESPN’s Brian Windhorst speculated on his Hoop Collective podcast that it shouldn’t be dismissed (YouTube link). “(Coach) Mike Brown is extraordinarily close to Draymond Green — extraordinarily close,” Windhorst said (hat tip to Anderson of The Sacramento Bee). “Mike Brown was the Draymond Green whisperer with the Warriors. Draymond Green is a free agent. They now have the money, if they want, to give him a premium over what he opted out of in Golden State. … The Kings can now go hunting for Draymond Green if they wish and that would be extraordinarily interesting because it is the exact — exact — type of player they need. … To be continued.” As Windhorst noted, owner Vivek Ranadive was a former part owner of the Warriors and has often tried to model the Kings after Golden State, as there are numerous ties between the organizations. Green recently declined his player option for 2023/24.
- Windhorst isn’t the only reporter to take note of the trade. As John Hollinger writes for The Athletic, the Kings need a power forward and need to upgrade their defense, so Green is a logical fit in some ways. The move should have the Warriors “sweating,” says Hollinger, because the Kings are a “highly plausible rival Green bidder.” Sacramento could also potentially pursue a number of other power forward free agents, such as Jerami Grant, Kyle Kuzma, Grant Williams, Cameron Johnson or P.J. Washington, according to Hollinger, who notes that re-signing Harrison Barnes and Trey Lyles and operating as an over-the-cap team while creating a trade exception for Holmes and having access to the full mid-level exception is another option.
- Yossi Gozland of HoopsHype examines options Sacramento could pursue after the trade.