Monday, October 21, 2019

Buddy Hield Signs Four-Year Extension With Kings

The Sacramento Kings and Buddy Hield have agreed on a four-year extension that is worth $86MM in guaranteed money, reports Sam Amick of The Athletic (link). The deal will feature another $20MM in incentives. Today was the deadline for the Kings to sign Hield to an extension and it looks like they finally met it.

The four-year deal is worth $94MM that can go all the way to $106MM, including that guaranteed money. We have yet to receive full details on the incentives that come with that deal.

Hield's incentives are likely to be both team and player-based, with such things as All-Star appearances, NBA Finals appearances and many other accolades he receives that can maximize his earnings. There would also be incentives related to his three-point shooting.

Hield's salaries will descend gradually. Much like the one with Harrison Barnes' new four-year deal with the Kings, it will start in the $24MM range and decline to $18MM by the fourth year. That descent will allow the Kings to have some cap flexibility in the later, when they would have to sign new deals with De'Aaron Fox and Marvin Bagley, when their new deals could be more pricey.

There are no options in his extension, according to Chris Haynes of Yahoo Sports (link).

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