As was suspected, the Sacramento Kings have locked-in DeMarcus Cousins on a contract extension. Looking to get max-money like his Kentucky teammate, John Wall who inked an $80 million deal, Cousins had to settle for a four-year deal worth around $62 million.
The Kings have reached an agreement on a contract extension with center DeMarcus Cousins for four years worth approximately $62 million, league sources confirmed Thursday night.
The most Cousins was eligible for under the collective bargaining agreement was five years and $80 million. The contract takes effect for the 2014-15 season.
Cousins maturity has cost him with this deal, and with the franchise in flux it wasn't always clear that the Kings wanted to commit to him. After settling the ownership fiasco, the team sat down with the talented forward and told him he was their man. They have no also brought in Shaq as a minority owner, who vows to work hard with DeMarcus to keep him in check, and constantly improve his game.