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Kings re-sign Richaun Holmes to four-year, $55 million contract

Richaun Holmes and the Sacramento Kings reached an agreement on a fully-guaranteed four-year, $55 million contract, according to a report by Shams Charania of The Athletic on Monday.

The Kings re-signed Holmes using his Early Bird Rights, which limited their ability to pay him even a penny more than the contract that he accepted. Luckily for the Kings, the market for Holmes wasn’t as robust as many predicted.

The Dallas Mavericks, Charlotte Hornets and Toronto Raptors were all linked to Holmes and had enough cap space to outbid the Kings, but it’s safe to assume none of them offered him a contract that substantially surpassed the one he accepted in Sacramento.