Report: Galloway to opt out of deal, opening up more cap space for Kings

Report: Galloway to opt out of deal, opening up more cap space for Kings

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.

Report: Kings reject Lakers' offer to swap lottery picks

Report: Kings reject Lakers' offer to swap lottery picks

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.