The Kings and Golden State assistant coach Mike Malone has reached an agreement on a four-year deal to coach the Sacramento Kings, The Bee has learned.
The fourth year of Malone's deal is a team option.
The deal cannot be announced until escrow closes on the sale of the team to the ownership led by software tycoon Vivek Ranadive.
Malone replaces Keith Smart, who took over for Paul Westphal during the 2011-12 season. Smart was told Wednesday he would not return as head coach.
Malone spent the last two seasons with the Warriors. He's also been an assistant in New Orleans and Cleveland.
Malone is noted as a defensive strategist and his ability to relate to players. He inherits a team that's been one of the worst defensive squads in recent years.
The search for a new general manager is ongoing but it's not expected whoever is hired would object to Malone as coach.