The Kings signed free agents Lawrence Hill and Adrian Oliver to contracts Saturday adding players after the team renounced the rights to four players on Friday.
Below is the text from the team press release:
SACRAMENTO -- The Sacramento Kings today signed free agents Lawrence Hill and Adrian Oliver to contracts, according to Kings President of Basketball Operations Geoff Petrie.
Hill, a 6-8, 220-pound forward, played at Stanford from 2005-2009. In four games this season with the Texas Legends of the NBA D-League, he averaged 14.8 points and 7.5 rebounds.
Oliver, a 6-4, 210-pound guard, finished his collegiate career at San Jose State (2008-2011) after starting out at Washington. He averaged 24.0 points as a senior for the Spartans. Most recently, Oliver played with the Greek Basketball League team Aris B.C. He prepped at nearby Modesto Christian.
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.