Kings Rumors

Kings Add Wenyen Gabriel To 15-Man Roster

8:29pm: The roster moves are official, according to a team press release.

6:56pm: Wenyen Gabriel will have his two-way contract converted to a standard contract as part of the Kings’ roster tinkering, James Ham of NBC Sports Bay Area tweets.

An opening on the 15-man roster will be created by waiving forward Tyler Lydon. As previously reported, Sacramento has claimed undrafted swingman DaQuan Jeffries from the Magic.

Jeffries will take Gabriel’s previous spot on a two-way deal, according to Ham. Rookie guard Kyle Guy has the other two-way contract.

Gabriel, 21, averaged 6.8 PPG and 5.4 RPG as a sophomore in 2017/18 at Kentucky but was not drafted. He signed a two-way contract with Sacramento last July, but has yet to make his NBA debut, spending his rookie season with the Stockton Kings. He averaged 4.8 PPG and 2.5 RPG in 12.9 MPG during four preseason games this fall.

Kings Sign Buddy Hield To Four-Year Extension

5:03pm: Hield’s extension is now official, according to a press release issued by the Kings.

“Buddy has made tremendous growth each season since joining the team and we are thrilled that he will remain a King as we continue to build an exciting future here in Sacramento,” general manager Vlade Divac said in a statement. “He has quickly established himself as an elite shooter in the league and is an important part of our young, dynamic core.”

11:24am: The Kings and shooting guard Buddy Hield have reached an agreement on a four-year rookie scale extension worth $86MM in guaranteed money, reports Sam Amick of The Athletic (Twitter link). According to Amick, the deal will feature another $20MM in incentives. Carmichael Dave of KHTK Sports 1140 (Twitter link) first reported that the two sides were expected to finalize an agreement in advance of today’s deadline.

ESPN’s Adrian Wojnarowski tweets that the four-year deal is worth $94MM and can reach up to $106MM, which suggests that perhaps $8MM of that $20MM in bonus money is tied to “likely” incentives rather than “unlikely” incentives, though we’ll have to wait for the full details.

A source tells Amick (Twitter link) that Hield’s incentives will be both team- and player-based, with All-Star berths and NBA Finals appearances among the ways the sharpshooter can maximize his earnings. Woj adds (via Twitter) that there will be “reachable” incentives related to three-point shooting.

Hield’s salaries will also descend annually, per Amick. Like Harrison Barnes‘ new four-year, $85MM contract with the Kings, Hield’s deal will start in the $24MM range and decline to $18MM+ by year four. That will allow the franchise to maximize its cap flexibility in later years, when pricey new deals for De’Aaron Fox and Marvin Bagley could go into effect.

Hield’s four-year extension won’t feature any team or player options, notes Chris Haynes of Yahoo Sports (Twitter link).

Hield enjoyed an underrated breakout season in 2018/19, establishing new career highs in PPG (20.7), RPG (5.0), APG (2.5), and several other categories. He increased his productivity while maintaining his impressive efficiency, converting 42.7% of 7.9 three-point attempts per game.

His 278 three-pointers in ’18/19 placed him seventh on the NBA’s all-time list for threes in a single season. Only Stephen Curry (four times), James Harden (2018/19), and Paul George (2018/19) have ever made more outside shots in a season.

Despite Hield’s impressive ascent, he and the Kings had a gap to bridge in contract negotiations this fall as they attempted to get something done before the season and avoid having the former first-round pick become a restricted free agent next summer. Hield used increasingly escalating rhetoric in conversations with reporters, even hinting at a trade demand if he and the Kings couldn’t work out a new long-term deal.

A recent report indicated that Hield was seeking $110MM over four years, while Sacramento was offering $90MM. While we don’t know for sure that those numbers were accurate, the terms of his new deal suggest a compromise — at worst, he’ll earn $86MM over four seasons, but that number could be significantly higher if he hits several of his bonus benchmarks.

If Hield had reached the open market in 2020, he would’ve been eligible for a four-year, maximum-salary offer sheet worth up to an estimated $124.7MM, based on the league’s latest cap projections. However, he always seemed willing to accept less than the max from the Kings in order to avoid a year of uncertainty. Amick notes (via Twitter) that players and agents are also a little worried about the China situation negatively impacting the cap next year and beyond.

With another $24MM+ in guaranteed salary on their books for 2020/21, the Kings are extremely unlikely to be a major player in free agency next summer. And with Hield off the market, an already weak ’20 free agent class looks even less intriguing.

Jaylen Brown (Celtics), Domantas Sabonis (Pacers), and Malik Beasley (Nuggets) are among the top extension-eligible players who still have until 6:00pm eastern time to sign new deals to avoid restricted free agency next year.

Photo courtesy of USA Today Sports Images.

Kings Claim Forward DaQuan Jeffries

The Kings have claimed rookie swingman DaQuan Jeffries off waivers, Shams Charania of The Athletic tweets.

Jeffries was one of five players waived by the Magic on Saturday. The 6’5” Jeffries, who played college ball at Tulsa, was ranked by ESPN’s Jonathan Givony as the fourth-best prospect who wasn’t drafted in 2019. He posted 13.0 PPG, 5.6 RPG, 1.2 BPG, and 1.0 SPG in his final college season, shooting .502/.366/.755. Jeffries made five brief appearances during Orlando’s preseason games but didn’t score.

Tyler Lydon will likely be waived to clear a roster spot for Jeffries, James Ham of NBC Sports Bay Area tweets. The former Nuggets forward signed a two-year, minimum-salary pact with Sacramento in July but only $50K was guaranteed in the first year.

Kings Waive Hollis Thompson, Tyler Ulis

The Kings have waived guards Hollis Thompson and Tyler Ulis, the team announced in a press release. This likely finalizes their regular-season roster ahead of Monday’s deadline.

Thompson, a veteran who went undrafted back in 2012, has made previous stops with Philadelphia, New Orleans, and various clubs overseas. He’s coming off summer league stints with the team that saw him average 12.7 points per game in Sacramento and 10.8 points per game in Las Vegas.

Ulis, a 5-foot-9 point guard drafted at No. 34 in 2016, holds career experiences with Phoenix and Chicago. He averaged 23.3 points and 8.8 assists in four G League games with the Windy City Bulls last season.

Both players signed deals with modest partial guarantees and are expected to play for the team’s G League affiliate, the Stockton Kings, provided they go unclaimed on waivers.

Power forward Tyler Lydon will likely be awarded with Sacramento’s final roster spot as a result of the transactions.

Kings Deny Buyer's Remorse Over Barnes Deal

  • Within that same Athletic article, Charania wrote that the Kings have expressed some remorse over Harrison Barnes‘ four-year, $85MM contract due to its impact on future deals, as we relayed on Friday. However, a Kings source denied that the team is experiencing any buyer’s remorse over Barnes’ contract, according to both Jason Jones of The Athletic and James Ham of NBC Sports California (Twitter links).

Kings Expressing Remorse Over Harrison Barnes Contract?

One complicating factor in the Kings‘ contract extension negotiations with Buddy Hield is the four-year, $85MM deal the team did with Harrison Barnes earlier this offseason, writes Shams Charania of The Athletic. According to Charania, Sacramento has already expressed some remorse over that deal, since it has set a precedent in talks for Hield and may impact the Kings’ ability to complete extensions for other key players.

Buddy Hield Hints At Trade Demand

Buddy Hield says he’ll “probably look for another home” if he can’t work out an extension with the Kings in the next four days, writes Jason Jones of The Athletic. Hield’s comments after Wednesday’s preseason game indicate that the stakes are extremely high for the team as Monday’s rookie scale extension deadline approaches.

Hield is reportedly seeking $110MM over four years, which is about $20MM below the maximum four-year deal he’s eligible to receive. Sacramento’s best offer so far has been about $90MM, which Hield has been unwilling to accept. That gap raises the prospect of an unhappy season for one of the team’s key pieces, who will become a restricted free agent next summer if no deal is reached.

“I don’t know if things are going to get done,” Hield told reporters last night. “If it don’t get done, me and my team will look somewhere else, probably look for another home. Until then, we’ll see what happens here. That’s the goal, to be here, and I love Sacramento. But if they don’t want me here, they don’t feel like I’m part of the core — I like respect and loyalty and I feel like I’m part of the group that’s been getting the team back where it needs to be. So like I said I want to be here, but if they don’t want me here I’ll find somewhere else to be.”

Hield played all 82 games last season and led the team in scoring at 20.7 PPG. He was the centerpiece of the trade that sent DeMarcus Cousins to the Pelicans in 2017 and launched the Kings’ latest rebuilding effort.

Negotiations with Hield are especially significant, Jones notes, because they may affect the way that other young players view the organization when it’s time for their extensions. GM Vlade Divac reportedly promised a super-max deal to Cousins before the trade, and the decision to change course has created a sense of distrust toward the front office among some players and their agents.

Coming off a 39-win season and with a wealth of young talent on their roster, the Kings have started to shed their reputation as a poorly-run franchise. But letting a player like Hield get away would be a major setback. Of course, if Hield reaches restricted free agency, Sacramento would be able to match any offer sheet he signs, but the club may want to risk the situation getting more contentious.

The fourth-year shooting guard believes he deserves to be rewarded for his role in putting the franchise on the right track.

“My job is to go out there and hoop and play for the max,” Hield said. “If every player is not playing for the max, I don’t know why you’re in the NBA. And some people will get the max, some people won’t, that’s how it works. But my job is to go out there and kill every night so I can be that max player. And I feel like, especially a market like this, Sacramento, you guys have been covering basketball all your life. Name one big free agent that came to Sacramento.”

Extension Rumors: Hield, Brown, Siakam

Teams carrying players eligible for rookie scale extensions have five more days to beat the October 21 deadline and lock up those players to long-term deals, with Buddy Hield (Kings), Jaylen Brown (Celtics), and Pascal Siakam (Raptors) among the prime extension candidates.

Chris Haynes of Yahoo Sports has updates on the extension talks for all three players, so let’s dive in and round up the highlights…

  • The Kings have made Hield a four-year offer worth $90MM, league sources tell Haynes. However, the sharpshooter and agent Brandon Rosenthal are seeking a deal closer to $110MM. Based on the NBA’s latest cap projections for 2020/21, a four-year, maximum-salary contract for Hield with Sacramento would be worth just shy of $130MM, so even a $110MM deal would come in well below the max.
  • Although the Celtics aren’t typically aggressive when it comes to finalizing rookie scale extensions, they’ve put a four-year, $80MM offer on the table for Brown, league sources tell Haynes. However, the swingman, who turns 23 next week, believes in his ability to become a star and is seeking a more lucrative offer.
  • Siakam is the most likely player in this group to sign a new contract by Monday, according to Haynes, who refers to the Raptors‘ forward as a “virtual lock” to be extended. However, it will likely require a maximum-salary offer from Toronto, league sources inform Haynes. A five-year max for Siakam would be worth a projected $168MM, and could even get as high as $202MM if it includes Rose Rule language.

Kings’ Bogdan Bogdanovic Weighing Extension Offer

The Kings have offered Bogdan Bogdanovic the largest possible contract extension the CBA allows, the swingman confirmed to Jason Anderson of The Sacramento Bee. However, Bogdanovic said he wants to take his time to consider the decision.

“I would like to stay,” Bogdanovic told Anderson. “Everyone knows that I love Sacramento. Everyone loves to be here. It’s a great group of guys. I’m happy right now and I was happy all these years, but I don’t want to rush anything.”

Players who are eligible for veteran extensions can receive starting salaries worth up to either 120% of their current salary or 120% of the league’s estimated average annual salary, whichever is greater. In Bogdanovic’s case, that would mean a first-year salary of about $11.5MM on a new deal. With 8% raises over the course of four years, the total value of the Kings’ offer would come to approximately $51.4MM.

Although four years and $51.4MM is the most the Kings can offer Bogdanovic at this point, he’s a candidate to receive a more lucrative offer if he reaches restricted free agency next July. The 27-year-old has emerged as a key part of Sacramento’s rotation in his two seasons with the team, averaging 12.9 PPG, 3.5 APG, and 3.1 RPG with a .375 3PT% in 148 total games with the club.

Those aren’t exactly star-caliber numbers, but they’d still make him one of the more intriguing wings available in a weak 2020 free agent class — especially if he improves upon them in his third NBA season.

The Kings are also reportedly negotiating a possible extension for Buddy Hield and face an October 21 deadline in those talks. However, there’s no such deadline for Bogdanovic, who wasn’t a first-round pick like Hield — he could sign a new contract with Sacramento all the way up until June 30, 2020.

While it remains to be seen whether the team will be able to lock up the Serbian before he hits free agency, Bogdanovic’s comments to Anderson certainly make it sound as if he’s open to the idea.

“We will wait to see,” Bogdanovic said. “Maybe we will sign tomorrow. Maybe we sign in a month. Who knows? We will see.”

2019 Offseason In Review: Sacramento Kings

Hoops Rumors is breaking down the 2019 offseason for all 30 NBA teams, revisiting the summer’s free agent signings, trades, draft picks, departures, and more. We’ll evaluate each team’s moves from the last several months and look ahead to what the 2019/20 season holds for all 30 franchises. Today, we’re focusing on the Sacramento Kings.

Signings:

  • Standard contracts:
    • Harrison Barnes: Four years, $85MM. Re-signed using Bird rights.
    • Dewayne Dedmon: Three years, $40MM. Third year partially guaranteed ($1MM). Signed using cap room.
    • Cory Joseph: Three years, $37.2MM. Third year partially guaranteed ($4MM). Signed using cap room.
    • Trevor Ariza: Two years, $25MM. Second year partially guaranteed ($1.8MM). Signed using cap room.
    • Richaun Holmes: Two years, $9.77MM. Signed using room exception.
    • Tyler Lydon: Two years, minimum salary. First year partially guaranteed ($50K). Second year non-guaranteed.
    • Hollis Thompson: One year, minimum salary. Partially guaranteed.
    • Tyler Ulis: One year, minimum salary. Partially guaranteed.
  • Two-way contracts:
  • Non-guaranteed camp contracts:

Trades:

  • Acquired the draft rights to Kyle Guy (No. 55 pick) and cash ($1MM) from the Knicks in exchange for the draft rights to Ignas Brazdeikis (No. 47 pick).

Draft picks:

  • 2-40: Justin James — Signed to three-year, minimum salary contract. Third year non-guaranteed. Signed using cap room.
  • 2-55: Kyle Guy — Signed to two-way contract.
  • 2-60: Vanja Marinkovic — Will play overseas.

Departing players:

Other offseason news:

  • Fired head coach Dave Joerger.
  • Hired Luke Walton as new head coach.
  • Walton investigated, cleared on sexual assault allegations.
  • Hired Igor Kokoskov as assistant coach; hired Lindsey Harding as assistant coach; hired Stacey Augmon as assistant coach; hired Bob Beyer as assistant coach.
  • Signed general manager Vlade Divac to contract extension.
  • Hired Joe Dumars as special advisor.
  • Fired assistant GM Brandon Williams.

Salary cap situation:

  • Used cap space; now over the cap.
  • Carrying approximately $112.46MM in guaranteed salary.
  • No exceptions available.

Story of the summer:

No lottery team had a more encouraging 2018/19 season than the Kings, whose 39 wins were the franchise’s highest total since the 2005/06 campaign. Despite ultimately falling nine games short of a playoff spot, Sacramento was in contention for the No. 8 seed for most of the year and saw several encouraging signs from its young roster.

Buddy Hield made a persuasive case to be considered the NBA’s best high-volume shooter outside of Golden State (his 278 made three-pointers in a single season ranked third all-time among players not named Stephen Curry). Marvin Bagley III showed why the Kings’ decision to pass on Luka Doncic might not go down as a major gaffe. Harry Giles got healthy and made his NBA debut. And most importantly, De’Aaron Fox enjoyed a breakout season in which he flashed All-NBA upside.

On the heels of that promising season, the Kings entered the summer of 2019 with a ton of cap flexibility. However, the team also recognized that keeping its young core intact would mean retaining some of that cap flexibility for the next year or two, when players like Hield, Bogdanovic, and Fox are up for new contracts.

As such, the Kings didn’t go all-in on a single maximum-salary player, and mostly avoided long-term investments. Although they signed four veteran free agents to contracts exceeding $10MM per year, only one of those four – Harrison Barnes – received more than two fully guaranteed seasons.

That approach to summer spending was probably a necessary one — after all, superstar free agents didn’t enter the offseason with Sacramento atop their wish list. But it was also a savvy one. Those veteran signings could help the Kings take another step forward in 2019/20 without compromising their ability to retain the players who are most responsible for helping take them take their first big step forward in ’18/19.

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