Domantas Sabonis and the Sacramento Kings have agreed to a hefty five-year, $217 million deal extension, according to Adrian Wojnarowski of ESPN. The deal will cost $195 million in new money, with the remaining $22 million coming from his base pay for 2023–24.
The seldom-used renegotiate-and-extend clause in the Collective Bargaining Agreement, which permits clubs with salary cap room to give their players instant raises as part of the extension, was employed by the Kings. The center’s compensation will therefore increase by $15 million this season, from $22 million to nearly $37 million, a huge increase.
Domantas Sabonis’ contract renewal
The Sacramento Kings have signed Domantas Sabonis to a five-year contract, making him a key member of their team—at least until a potential trade takes place. Adrian Wojnarowski announced the contract renegotiation and extension deal, which totaled $217 million, including $195 million in fresh funds. Sabonis will make $22 million this season, but the significant rise will be spread out over the following four seasons, with the Kings paying him around $48.7 million in total.
Sacramento Kings All-NBA C Domantas Sabonis has agreed to a contract renegotiation and extension for a total of $217M over five years — including $195M in new money, his agents Greg Lawrence and Jason Ranne tell ESPN. pic.twitter.com/JL9Yic3Zi8
— Adrian Wojnarowski (@wojespn) July 2, 2023
Tyrese Haliburton was traded to the Indiana Pacers in return for Sabonis, and the Kings had no misgivings about doing so because it was a win-win situation for both organizations. The point guard whom Indiana acquired was then given a contract extension of up to $260 million.
Domantas Sabonis, one of the league’s top passers and rebounders, has undoubtedly helped Sacramento since being acquired. The Kings received a player that excels in both areas of the game with his arrival, solving their point guard problem. Since joining the Kings, the center has had a significant effect, demonstrating his flexibility and skill set. The team’s performance has improved thanks to his talents, and their playstyle has taken on a new dimension. Particularly, the player’s generosity and relentless rebounding have been priceless for the Kings.
He has raised the team’s quality of play and significantly improved their overall performance with his eagerness to make the proper pass and fiercely crash the boards. The Kings have improved as a force on the floor since adding Sabonis to their starting lineup.
Since when has Sabonis started playing for the Kings?
Domantas Sabonis was part of a huge transaction involving many players that the Indiana Pacers announced in 2022 that had him going to the Sacramento Kings. Six players and a draught pick were traded, demonstrating the size of the deal.
Along with Sabonis, the Sacramento Kings also acquired Jeremy Lamb, Justin Holiday, and a 2023 second-round pick in the transaction. On the other hand, Tyrese Haliburton, Buddy Hield, and Tristan Thompson were acquired by the Indiana Pacers.
Sabonis has been a crucial player for the Kings ever since he joined, significantly influencing the team’s success. He has played 94 games for Sacramento, displaying his versatility and skill set while averaging 19.1 points, 12.3 rebounds, and 7.0 assists per contest. The center has been an asset to the team and led his team to the playoffs for the 2023 season.