Free agent Richaun Holmes is re-signing with the Sacramento Kings on a four-year deal worth up to $55 million, according to Shams Charania.
Free agent center Richaun Holmes has agreed to a four-year deal worth as much as $55 million to return to the Sacramento Kings, his agency Par-Lay Sports & Entertainment (@parlay_se) tells @TheAthletic @Stadium. Deal includes player option and trade kicker.
— Shams Charania (@ShamsCharania) August 3, 2021
The deal reportedly includes a player option and a trade kicker. The trade kicker is likely where the extra money would come in, as the Kings were limited to using Early Bird Rights to keep Holmes.
This is a great win-win for both the team and Richaun. The Kings couldn’t afford to lose Holmes, and including some player-friendly elements helps to add value for Holmes even when the Kings couldn’t exceed certain dollar limits.
Holmes joined the Kings two years ago on a low-cost deal as a backup center and quickly won the starting job, as well as the love of Kings fans. It’s fantastic that he’ll be staying in Sacramento.
This is also a win for Monte McNair, who didn’t make cost-cutting trades at the deadline and gambled that the market wouldn’t price him out of retaining Holmes.
The Kings still have their Mid-Level Exception available for additional free agent signings.