SACRAMENTO -- If you are looking for winners, you have come to the right place. The Kings signed shooting guard Buddy Hield to a multi-year contract Monday.
A source told NBC Sports California the deal is a four-year, $86 million contract extension. The Athletic's Sam Amick first reported the news hours ahead of Monday's contract extension deadline.
In an NBA rarity, the early takeaway is that the deal is a win-win for everyone involved.
After a breakout season, Hield gets paid handsomely for ascending to elite shooter status. He also has an additional $20 million in motivational incentives over the next four seasons.
Some of those items are obtainable and some aren’t. Either way, Hield has plenty of reasons to back up his strong play, as well as focus on team goals.
The structure of the contract also allows Hield and his management team to claim victory. While he was looking for something in the neighborhood of $110 million, Hield can come close to that number if everything goes perfect.
According to a league source, a few of his contract incentives are very attainable. There are others that are almost impossible for the 26-year-old to reach. On the low-end, he’s still looking at between $86-94 million over the length of the deal.
The contract puts the onus on Hield to not only perform personally, but to achieve team goals like playoffs and even the NBA Finals.
Sacramento keeps the first of their young core players in the fold. They also structured the deal in the same way they handled Harrison Barnes’ extension over the summer. Hield will start with a base salary of $24 million, which will then decline by eight percent in the following three seasons.
Declining value contracts have become an earmark of the Kings’ cap conscious build. The players get plenty of upfront money, but eventually, both Hield and Barnes will represent a smaller percentage of the projected cap when money becomes tight and the team has to pay out for young stars like De’Aaron Fox and Marvin Bagley.
[RELATED: Source: Kings don't have 'remorse' over Harrison Barnes]
Like Barnes’ deal, Hield’s cap figure will drop below $19 million a year in the final year and represent just 13.5 percent of the team’s total projected salary cap.
Instead of allowing Hield’s contract to become a potential landmine during the season and bleed into next summer, the team now is moving into opening night with a clean slate and a very happy leading scorer.
Programming Note: Get ready for the 2019-20 Warriors and Kings seasons with the NBA Tip-Off Show, streaming live on the MyTeams app at 1 p.m. PT on Tuesday, Oct. 22. Download MyTeams and tune in to the show by clicking here!