The Sacramento Kings and Domantas Sabonis have agreed on an extension that could see him earn $217 million over the next five seasons. In a rare occurrence, the Kings have renegotiated his current contract, increasing his salary by $8.6 million for next season by using cap space.
Contract Details
ESPN’s Adrian Wojnarowski was the first to report this news. The hike in Sabonis’ salary for next season will be inclusive of the $217 million he will earn from the new deal. The new money coming in is worth $195 million over four years.
Pay Cut for Roster Flexibility
According to Wojnarowski, Sabonis has taken a pay cut to give Sacramento the flexibility to build their roster around him and De’Aaron Fox. The NBA insider wrote that Sabonis’ decision to accept a lower salary for the team’s benefit showcases his commitment to the Kings and their future success.