The Kings exercised the option on Keith Smart's contract for the 2012-2013 season, the team announced today.
Smart began the season as an assistant to head coach Paul Westphal, who was fired after the Kings started the season 2-5.
Hours after Smart was appointed, the Kings overcame a 21-point deficit and defeated the Milwaukee Bucks on Jan. 5.
Keith has done a terrific job of taking control of the direction of the team, explained President of Basketball Operations Geoff Petrie. He is active, engaged and working hard to develop our young players along with a complimentary style of play.
Smart's first NBA head-coaching experience came in 2002-2003, where he went 9-31 as the interim coach with the Cleveland Cavaliers.
He then joined the Warriors' staff, where he served as an assistant for seven seasons before taking over for Don Nelson following the 2009-2010 season.
The Warriors went 36-46 last year under Smart, who was not retained by new Warriors owner Joe Lacob.
This season, the Kings are 10-20 under Keith Smart.
As a junior guard on Bob Knight's 1986-1987 Indiana Hoosiers squad, Smart made the game-winning basket against Syracuse to win the national championship.
He was named the NCAA Tournament's Most Outstanding Player.
SACRAMENTO -- In an unexpected move, published reports have Sacramento Kings guard Langston Galloway opting out of the final year of his contract that would have paid the 25-year-old $5.4 million next season.
Galloway was acquired by the Kings as part of the DeMarcus Cousins deal during All-Star weekend. The third-year pro averaged 6.0 points, 1.5 assists and 1.8 rebounds in 19 games for Sacramento, while shooting a robust 47.5 percent from long range.
With the move, Sacramento moves an estimated $56 million under the salary cap for the 2017-18 season with a team option on Arron Afflalo for $12.5 million with a $1.5 million buyout. If Afflalo isn’t retained, the Kings can move $67 million under the salary cap with just seven players under contract.
Galloway joins a growing list of veterans to leave the Kings since the end of the season. Rudy Gay declined his $14.3 million player option earlier in the month and Sacramento chose to waive forward Anthony Tolliver and pay his $2 million buyout instead of a $8 million contract for next year.
Mike Scotto of BasketballInsiders.com was first with the news.
In their attempt to offer a package to Indiana for Paul George, the Lakers came knocking on the Kings' door.
Unfortunately for Los Angeles, the Kings weren't interested in what they had to offer.
According to TNT, the Lakers offered the No. 2 pick to the Kings for the No. 5 and No. 10 picks.
The Kings reportedly rejected the offer.
The Lakers' plan appearantly was to take one of the two picks acquired from the Kings, package it with the No. 27 and No. 28 picks they owned and a player on their roster in an offer for George.
It appears they'll have to find a different avenue to get George to LA.