deal canceled: Malik Monk has terminate a three-year, $16.8 million contract extension offered by the Sacramento Kings after…..

The Sacramento Kings are aiming to rebound after missing the 2023-24 NBA playoffs, and league insider Mark Medina believes that re-signing Malik Monk in free agency should be a top priority to maintain roster continuity.

Following their failure to qualify for the 2023–24 playoffs due to a disappointing loss to the New Orleans Pelicans in their final Play-In tournament game, the Kings face crucial decisions regarding their strategy for the 2024 off-season.

With All-Stars De’Aaron Fox and Domantas Sabonis—who are likely untouchable—leading the team, Sacramento must create cap space to make significant upgrades around their stars.

After a breakout season, Kings guard Keon Ellis may have secured a future role with the organization thanks to his strong two-way play and his affordable three-year, $5 million contract, which includes a club option for the 2025-26 season. This contract could facilitate a series of moves for players leaving Sacramento.

One player the Kings might consider trading is Kevin Huerter, who is set to earn $16.8 million next season. Given his significant shooting slump during the 2023-24 season, his salary might be seen as too burdensome, especially with Fox and Sabonis commanding over $75 million in cap space next season.

Another potential trade candidate is veteran Harrison Barnes. Trading Barnes could free up $54 million in cap space for the Kings, allowing them to bring in a stronger supporting cast for their stars and starters.