The Sacramento Kings All-NBA center Domantas Sabonis has agreed to a five-year contract extension, the player’s agents, Greg Lawrence and Jason Ranne of Wasserman, confirmed on Saturday night.
Over the five years, the player’s extension is set to cost the Kings $217 million, including $195 million in new money. The Kings used some of their cap space to add an additional $8.6 million to raise Sabonis’s 2023-24 earnings to $30.6 million.
Sabonis has still not taken the maximum salary available to him, however, having previously told the Kings’ leadership that he is prioritizing the franchise’s ability to build a strong roster over his earning potential.
A central figure in the Kings’ locker room, Sabonis has proven to be essential to the team’s revival since arriving from Indiana in 2022. Averaging 9.1 points, 12.3 rebounds, and 7.3 assists, Sabonis lifted the Kings to the playoffs for the first time in 16 years.