By Jason Jones
The Kings held a press conference to announce the team signed center DeMarcus Cousins to a four-year contract extension worth $62 million, the maximum allowed by NBA rules.
The contract takes effect after this season.
"I usually have a lot to say, but I'm short on words today," Cousins said.
The deal signifies that the Kings franchise is putting its trust in Cousins as the foundation player going forward.
Some thought the Kings should wait on a deal, considering Cousins had discipline issues under previous ownership.
Majority owner Vivek Ranadive said he had no concerns after getting to know Cousins.
"I'm doing what I do in my business, which is betting on the best," Ranadive said.
Cousins (6-11, 270) averaged 17.1 points and 9.9 rebounds last season and generally considered one of the most talented young post players.