The Sacramento Kings announced several signing Sunday afternoon, reaching deals with Keon Ellis, Colby Jones, and Jalen Slawson.<\/p>\n
Keon Ellis was re-signed to a two-way contract<\/a>. Ellis was on a two-way contract last season as well, spending most of his time with the Stockton Kings. With Stockton, Ellis proved himself a capable defender and scorer. He definitely has upside potential as a 3-and-D guard, and it’s great that he’ll remain within the Kings organization.<\/p>\n The Kings also signed Colby Jones<\/a> to a 4-year contract for $8.76 million, with the first two years guaranteed. This deal falls under the new Second Round Pick Exception, a new feature of the new CBA. This signing won’t count against the cap, and gives the Kings the ability to pay a higher contract to a second round pick.<\/p>\n Second Round Pick exception signings don\u2019t count against the cap until July 31.<\/p>\n This is to encourage teams to sign their second rounders as soon as possible.<\/p>\n Kings still have $5M in cap space. https:\/\/t.co\/nWvCDZWmbf<\/a><\/p>\n \u2014 Yossi Gozlan (@YossiGozlan) July 3, 2023<\/a><\/p><\/blockquote>\n\n