The Kings have agreed to a contract extension with head coach Mike Brown, according to reports from ESPN’s Adrian Wojnarowski and Shams Charania of The Athletic.
The two sides, who had been discussing a new deal this spring, briefly tabled those talks last week when they couldn’t find common ground. The Kings had reportedly offered a three-year, $21MM deal that could have been worth up to $27MM in bonuses, while Brown was said to be seeking a $10MM annual salary.
According to Wojnarowski and Charania, Brown’s new three-year agreement will feature annual base salaries of $8.5MM, but could reach $10MM per year via incentives. That means it’ll be worth at least $25.5MM over three seasons and could max out at $30MM.
The deal will replace Brown’s $4MM salary for 2024/25 (and his mutual option for ’25/26) and will run through the ’26/27 season, reports Wojnarowski.
Brown has led the Kings to a 94-70 (.573) overall regular season record since taking the reins from Alvin Gentry.
In his first season in 2022/23, he guided the franchise to a 48-34 record and its first playoff berth since 2006, winning the NBA’s Coach of the Year award. Despite racking up 46 more regular season wins in ’23/24, Brown and the Kings finished outside the top eight in the conference and were eliminated in the second game of the play-in tournament.
As Wojnarowski observes, Brown is the first Kings head coach to have a winning record in his first two years with the team since Rick Adelman from 1998-2000.
With Brown locked up to a new deal, the first step of the Kings’ offseason is complete. The club can now shift its focus to roster decisions, including whether or not it will be able to re-sign free agent wing Malik Monk. Sacramento holds Early Bird rights on Monk, giving the team the ability to offer him up to $78MM over four years.