The Sacramento Kings are expected to finalize a deal with Buddy Hield before today’s 3 PM PT deadline, according to Carmichael Dave.

The Sacramento Kings are expected to finalize a deal with Buddy Hield later today.

— Carmichael Dave (@CarmichaelDave) October 21, 2019

Dave is connected enough to be excited about this report, but we’ll of course continue to watch and see if this gets confirmed by other reporters. We will continue to update this post as we learn more specifics, but this is big news for Kings fans. If nothing else it will be nice to not have this issue hanging over the season.

Buddy Hield started all 82 games for the Kings last season, finishing with 20.7 points, 5 rebounds, and 2.5 assists per game while shooting 42.7% from 3.

Update: Both Sam Amick of The Athletic and Adrian Wojnawroski are confirmed that deal has been agreed to. The deal has a base value of $86 million over four years, with what Woj describes as “exceedingly reachable bonuses” to get to $94 million, and more lofty targets that would max the value at $106 million.

Source tells @TheAthletic the Kings have agreed to terms on a four-year extension with Buddy Hield worth $86 million in guaranteed money and with $20 million in possible incentives. Big win for both sides to avoid a split here. sides.https://t.co/OzTdN4l1wc

— Sam Amick (@sam_amick) October 21, 2019

Deal includes exceedingly reachable bonuses (Top 10 three-point shooting, etc.) that get $86M base guarantee to $94M. Tougher climb to $106M. https://t.co/pJxIJyDKch

— Adrian Wojnarowski (@wojespn) October 21, 2019

In a huge win for the Kings, the deal includes a decreasing base salary year over year. The Kings did a similar structure with Harrison Barnes’ deal, making it easier for the team to handle future extensions for De’Aaron Fox and Marvin Bagley III.

More details, per source: The incentives in Buddy Hield's Kings extension are team and player based, including things like All-Star appearances and Finals appearances. His salary declines 8% year over year, and is slated to take up just 13.5% of the cap in the fourth year.

— Sam Amick (@sam_amick) October 21, 2019

This seems like a win for all parties, and it’s great news for Kings fans that Buddy Hield will be a King for a long time.