Malik Monk and the Sacramento Kings have agreed to a four-year, $78 million contract. Monk's contract includes a player option in Year 4.
The Kings offered Monk the maximum they were allowed under the collective bargaining agreement. Monk was set to become an unrestricted free agent, but the Kings secure a commitment from their Sixth Man before he could hit the open market.
Monk is represented by Jeff Schwartz and Marcus Monk.