The Sacramento Kings have re-signed veteran big man Richaun Holmes to a four-year, $55 million contract, according to The Athletic’s Shams Charania.
Holmes’ new deal also reportedly includes a player option along with a trade kicker. Holmes entered the offseason as an unrestricted free agent and the belief was that he would draw plenty of interest following a strong season for the Kings.
Holmes, 27, finished last season with career highs, averaging 14.2 points, 8.3 rebounds, 1.7 assists, and 1.6 blocks per game. That production will certainly help, and with Holmes’ new deal, he may want to find financial advisors to help him manage his wealth.