Kings Reward Key Participant With $78M Deal After Productive Tenure and Large Contributions in Playoff Comeback

The Sacramento Kings have accomplished one main job they aimed to do that offseason.

The crew will hold taking pictures guard Malik Monk after agreeing to an extension with a participant choice on Tuesday, June 20.

The 26-year-old is ready to signal a brand new four-year deal value $78 million, the utmost quantity the Kings are eligible to supply him, in response to league insider Adrian Wojnarowski of ESPN.

With a mean annual wage of $19.5 million on his new deal spanning from 2024-25 to 2027-28, the previous Kentucky participant will see a major soar in earnings after making $9.9 million in 2023-24.

Read extra: Los Angeles Lakers Aim to Shorten JJ Redick’s Head Coaching Learning Curve With Major Strategy 

The Charlotte Hornets chosen Monk with the eleventh general choose within the 2017 NBA Draft, the place he performed till 2021.

He spent one season with the Los Angeles Lakers in 2021-22 earlier than signing with the Kings on a previous discount two-year deal value $19 million in the summertime of 2022.

Malik Monk barely missed out on main award in 2023-24

Despite the Kings’ disappointing season in 2023-24, the place they failed to copy their playoff look from 2022-23, Monk had a stellar particular person season. 

The Arkansas native achieved profession highs in scoring with 15.4 factors per recreation and assists with 5.1 dimes per recreation. 

Monk additionally narrowly missed out on successful the 2023-24 NBA Sixth Man of the Year Award, ending in second place simply 10 factors behind the winner, Naz Reid of the Minnesota Timberwolves, within the voting outcomes. 

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