Malik Monk and the Sacramento Kings have agreed to a four-year, $78 million contract. Monk’s contract features a participant possibility in 12 months 4. With a beginning wage of $17.4 million, Monk can be incomes 12.3 p.c of the 24-25 wage cap of $141 million.
The Kings provided Monk the utmost they had been allowed underneath the collective bargaining settlement. Monk was set to turn into an unrestricted free agent, however the Kings safe a dedication from their Sixth Man earlier than he may hit the open market.
Monk averaged 15.4 factors, 2.6 rebounds and three.9 assists in 26.0 minutes over 72 video games final season. Monk completed second in Sixth Man of the 12 months voting behind Naz Reid. Monk’s season ended prematurely because of a sprained MCL.
Monk first joined the Kings in 2022 on a two-year, $19 million deal after establishing himself as a productive scorer with the Los Angeles Lakers.
Monk is represented by Jeff Schwartz and Marcus Monk.
