Sacramento Kings Rumors | Hoops Rumors

Contract Details: Exum, Vezenkov, Stevens

July 14th, 2023 at 4:02pm CST by Luke Adams

Dante Exum‘s new deal with the Mavericks was initially reported to be a one-year, minimum-salary agreement, but the terms were adjusted between July 1 – when the two sides struck a deal – and today, when it was made official.

According to Tim MacMahon of ESPN (Twitter link), Exum ended up signing a two-year, $6.15MM contract that is non-guaranteed for the second season. It will be worth $3MM in 2023/24 and $3.15MM in ’24/25, with this year’s salary coming out of the Mavericks’ mid-level exception.

Giving Exum a portion of the MLE wouldn’t have been possible if the Mavericks’ offer sheet for Matisse Thybulle had been successful, since Thybulle would have received $10.5MM of the $12.4MM mid-level. Once Portland matched Dallas’ offer for Thybulle, the Mavs’ MLE fully freed up, allowing the team to renegotiate its deal with Exum.

It wouldn’t be surprising if the Mavs also use a chunk of the mid-level to complete their reported agreement with Seth Curry, who was initially expected to be signed using the bi-annual exception. Signing Curry with the MLE would preserve the BAE for 2024/25.

Here are a couple more contract-related notes from around the NBA:

Sasha Vezenkov‘s three-year contract with the Kings comes in just below $20MM, Hoops Rumors has learned — its exact value is $19,975,609, including a $6,341,464 starting salary in 2023/24. As Michael Scotto of HoopsHype tweets, the first two years of Vezenkov’s deal are guaranteed, while the third is a team option (worth $6,975,609).
As part of the trade that sent him from Cleveland to the Spurs, Lamar Stevens had his minimum salary partially guaranteed for $400K, tweets Yossi Gozlan of HoopsHype. Stevens also had his salary guarantee deadline moved up from January 7 to July 17, so San Antonio will have to decide in the coming days whether or not to fully guarantee the forward’s 2023/24 cap hit.
In case you missed it, we passed along contract details on a few other recently reported deals on Thursday.

Pacific Notes: Vincent, Gordon, Vezenkov, Jackson-Davis

July 14th, 2023 at 9:28am CST by Luke Adams

Discussing his move from Miami to Los Angeles, Gabe Vincent said that he was “honored (the Lakers) reached out to me” when he became a free agent, as Khobi Price of The Southern California News Group (subscription required) writes.

After earning the minimum salary during his first four seasons in the NBA, Vincent received a considerable raise as a free agent this summer and will make $11MM annually on his new three-year deal with the Lakers. Despite the substantial pay bump, the 27-year-old is ready to accept whatever role the team he wants him to play, big or small.

“I’m just here to add on,” Vincent said. “They have a great core, a great situation, and hopefully I can just add to it and help us bring home a championship.”

Here’s more from around the Pacific:

After falling short of an NBA title during his time in Houston, Suns guard Eric Gordon is bullish about his chances of contending for a championship with his new team, per Duane Rankin of The Arizona Republic. Gordon took a significant pay cut, agreeing to a minimum-salary deal with Phoenix. “I’m older in my career so I’ve played for a long time and money is not always such an issue,” Gordon said. “Of course, I want a lot more, don’t get me wrong. But at the end of the day, I want to do well here every year that I’m here and we’ll just see what happens down the line, but that’s why I want to come here, win a championship.”
Although Sasha Vezenkov has officially signed his contract with the Kings, who submitted it to the NBA’s league office, the forward is still awaiting a letter of clearance from FIBA in order for that contract to become legally binding, a source tells Jason Anderson of The Sacramento Bee. That’s expected to happen soon, at which point the Kings will officially announce the signing.
After missing the Warriors‘ first three Las Vegas Summer League games due to a right hamstring injury, second-round pick Trayce Jackson-Davis made his debut on Thursday, scoring 14 points and grabbing seven rebounds in 20 minutes. C.J. Holmes of The San Francisco Chronicle takes a look at what Golden State is getting in Jackson-Davis, a mature 23-year-old rookie who may nonetheless find minutes hard to come by in his first NBA season.

Sasha Vezenkov Signs Three-Year Deal With Kings

July 13th, 2023 at 11:00pm CST by Rory Maher

JULY 13: The signing of Vezenkov is now official, per the NBA’s transactions log.

JULY 1: EuroLeague MVP Sasha Vezenkov is signing a three-year, $20MM contract with the Kings, who held his draft rights, his agents tell Adrian Wojnarowski of ESPN (Twitter link).

Reports over the past couple months have indicated that Sacramento was determined to bring Vezenkov stateside and would renew contract talks with the European star once they were permitted to following the draft. Harry Stavrou of Greek outlet Sport24.gr reported last week that the Kings offered the European star a contract for “slightly lower” than the $8.4MM Keegan Murray will make in 2023/24, and that figure turned out to be accurate.

Given his reported salary, Vezenkov will either be receiving part of the Kings’ full mid-level exception if they operate as an over-the-cap team, or he could receive most of their room exception if they choose to use cap room. Both options are on the table based on their previous moves this offseason.

Vezenkov, 27, is under contract with Olympiacos through ’24/25, but has a buyout clause believed to be worth approximately 1.5 million Euros. He talked about being “ready for new challenges” after his Greek club lost in the EuroLeague final.

The 6’9″ Bulgarian forward averaged 17.6 points, 7.0 rebounds and 1.9 assists on a sparkling .546/.398/.857 shooting slash line in 33 EuroLeague games this past season (28.7 MPG). Wojnarowski says (via Twitter) the former second-round pick is expected to have a “formidable role” for Sacramento.

Interview With Vezenkov About Joining Kings

July 13th, 2023 at 1:08pm CST by Rory Maher

In an interview with Eurohoops.net, reigning EuroLeague MVP Sasha Vezenkov talked about his decision to sign with the Kings and being an NBA rookie at 27 years old. “It’s a dream and a potential,” the forward said as part of larger quote. “Because I’m not doing this just for living the NBA dream. In any dream, I see potential. A potential that can teach me something and evolve me. I’m not going to the USA to come back soon. I want to be tested in the NBA. I’m thinking about everything positively. I’ll start at zero. Now, the work I’ll do will be even bigger. I know what I’ve been through and how much I’ve worked. You can’t buy experience. I think the circumstances are the best.”

Domantas Sabonis Has Not Undergone Thumb Surgery

July 12th, 2023 at 2:33pm CST by Luke Adams

2:33pm: Sabonis did not undergo surgery on his thumb, a league source tells James Ham of The Kings Beat (Twitter link). It seems that Maksvytis was misinformed or something was lost in translation.

The Kings’ big man continues to follow a “strict rehab protocol,” Ham adds.

12:57pm: Kings center Domantas Sabonis, who suffered an avulsion fracture in his right thumb last season, underwent a surgical procedure to address the injury, according to Lithuanian national team head coach Kazys Maksvytis.

The Kings have been cagey about providing updates on Sabonis’ thumb during the offseason, with general manager Monte McNair declining to comment in his post-draft press conference on whether or not the star center went under the knife.

However, as BasketNews.com relays, in discussing the anticipated absence of Sabonis for the 2023 World Cup, Maksvytis confirmed in a presser of his own that the big man underwent surgery.

“He tried to recover without the surgery, but it didn’t work, and he lost time,” Maksvytis said. “After the surgery, everything takes longer.”

Sabonis, who broke his thumb in December, only missed a single game before returning to action. The injury didn’t slow him down much, as he averaged 19.1 points, a league-leading 12.3 rebounds, and 7.3 assists in 79 games (34.6 MPG) during his first full season in Sacramento, earning his third All-Star berth and his first All-NBA nod. Sabonis cashed in this offseason when he signed a four-year extension that includes a renegotiated salary for 2023/24.

Without a formal update from the Kings, it’s unclear what sort of recovery timeline Sabonis might be looking at or whether he’ll be available when training camp begins in September. However, McNair did say last month that the team’s expectation is that the 27-year-old will be “good to go” for the regular season this fall.

As for Lithuania’s national team, Maksvytis said during his press conference that Sabonis “apologized for not coming and promised to be available next summer” for the 2024 Olympics.

Kings RFA Queta Has Stress Reaction, Sprain In Foot

July 12th, 2023 at 7:54am CST by Luke Adams

Kings restricted free agent Neemias Queta has been diagnosed with a stress reaction and a metatarsal capsule sprain in his right foot, the team announced in a press release.

Queta’s injury occurred during the second quarter of Sacramento’s Summer League game against the Clippers on Monday. The big man, who will celebrate his 24th birthday on Thursday, had a double-double (13 points, 12 rebounds) in the Kings’ first game in Las Vegas on Friday, but has been ruled out for the rest of Summer League.

Queta’s recovery process will be worth keeping an eye on going forward because he’s not yet under contract for the 2023/24 season. The former Utah State standout finished last season on a two-way deal with the Kings and received a qualifying offer from the club in June, making him a restricted free agent.

Because Queta was on a two-way contract with Sacramento for consecutive seasons, his qualifying offer is equivalent to a minimum-salary deal with a $75K partial guarantee.

While he has the option of accepting that QO, Queta’s grip on a roster spot might be precarious in that scenario due to his small partial guarantee — he’d likely prefer to negotiate a new standard contract with the Kings that includes a little more protection. He has also indicated that he’d be open to signing another two-way deal if that’s what it takes to stick with the organization.

Queta only appeared in five NBA games for Sacramento last season, but thrived at the G League level, earning a spot on the All-NBAGL First Team and finishing second in MVP voting. He averaged 16.8 points, 8.7 rebounds, 2.4 assists, and 1.9 blocks in 27.7 minutes per game across 29 regular season appearances for the Stockton Kings.

Once Sasha Vezenkov officially signs his reported deal with the Kings, the club will have 13 players on standard contracts and two on two-way pacts, not counting Queta.

Duarte Surprised By Trade To Kings

July 11th, 2023 at 6:28pm CST by Dana Gauruder

Chris Duarte said he was caught off guard when the Pacers traded him to the Kings, according to Jason Anderson of the Sacramento Bee. “I was surprised,” Duarte said. “I was at home with the family when I received a call. This is how the business works. … This is a great team, great franchise, great fan base. I’ve seen videos of how loud the fans get, so I love that.” The Kings gave up two second-round picks for Duarte, who battled an ankle injury last season.

More Contract Details: White, Lyles, A. Holiday, Draymond, D-Lo, More

July 11th, 2023 at 7:24am CST by Luke Adams

Coby White‘s new contract with the Bulls and Trey Lyles‘ new contract with the Kings both include unlikely incentives that could increase the value of those deals, Hoops Rumors has learned.

White’s three-year pact is guaranteed to be worth at least $36MM and has $1.3MM in annual incentives that could push the guard’s earnings up to $40MM in total. As for Lyles, he’ll make $8MM guaranteed salaries in each season of his two-year deal with Sacramento and could earn another $1.2MM in bonuses, which would increase the overall value of the contract to $18.4MM ($9.2MM per year).

Here are a few more details worth noting on several recently signed contracts:

Aaron Holiday‘s one-year, minimum-salary contract with the Rockets is only partially guaranteed. Holiday is assured of about $1.05MM and would receive his full $2.35MM salary if he remains under contract through at least January 7.
Draymond Green‘s four-year, $100MM contract with the Warriors includes a 15% trade kicker, while Jevon Carter‘s three-year, $19.5MM deal with the Bulls has a third-year player option.
Only the first season of Julian Champagnie‘s new four-year, $12MM contract with the Spurs is guaranteed. For each of the following three years, he’ll have to remain under contract beyond August 1 to guarantee his salary for that season.
A player who re-signs with his previous team on a one-year deal (or a two-year deal with a second-year option) has the right to veto a trade, since he’d lose his Bird (or Early Bird) rights if he’s dealt. However, the new Collective Bargaining Agreement allows a player to waive that right to veto a trade when he signs that sort of contract, and Lakers guard D’Angelo Russell became the first player to do so, per Keith Smith of Spotrac (Twitter link). Alex Len also waived his right to veto a trade as part of his new one-year deal with the Kings, Hoops Rumors has learned.

Contract Details: Sabonis, Middleton, VanVleet, Russell, Clark

July 10th, 2023 at 10:59pm CST by Dana Gauruder

The Kings’ renegotiation and extension of Domantas Sabonis‘ contract includes $203.6MM in guaranteed money, Michael Scotto of Hoops Hype tweets. The five-year deal also includes $13MM in incentives, raising its potential value to $216.6MM.

Sacramento used $8.6MM in cap room to give Sabonis a raise on next season’s salary – from $22MM to $30.6MM — then added four more years via the extension.

We have more contract-related notes:

Khris Middleton has a player option in the final season of his new three-year deal with the Bucks, Scotto tweets. As previously reported, his contract includes $93MM in guaranteed money and another $9MM in bonus incentives.
Fred VanVleet‘s huge three-year contract with the Rockets includes a 15% trade kicker, according to Blake Murphy of Sportsnet (Twitter link). The previously reported team option for the third year is valued at $44.89MM.
D’Angelo Russell‘s two-year contract with the Lakers is guaranteed for $36MM, Spotrac contributor Keith Smith tweets. The second season is a player option and Russell has $700K in incentives for both seasons. Additionally, Russell has waived his implied no-trade clause.
Jaylen Clark‘s two-way contract with the Timberwolves is a two-year deal, Smith tweets.
Leonard Miller‘s four-year, $8.3MM contract with the Timberwolves is guaranteed for the first two years, Scotto tweets. The third year is 50% guaranteed, and the fourth year is a team option.

Neemias Queta Would Be Willing To Play Again On A Two-Way Contract

July 10th, 2023 at 11:00am CST by Arthur Hill

Neemias Queta is willing to accept a two-way contract for the third straight season if it keeps him on the Kings‘ roster, according to Jason Anderson of The Sacramento Bee. Queta is currently a restricted free agent after receiving a $2MM qualifying offer from the team last month. That QO only includes a small partial guarantee.