2:48pm: Davis’ two-year deal is worth $8MM, according to Michael Scotto of HoopsHype (Twitter link).
That’s a far cry from the $9MM-per-year commitment Davis was rumored last month to be seeking, but as Scotto observes, it will put him on track to become an unrestricted free agent in 2023, when he’s still just 26 years old.
12:44pm: The Kings have reached an agreement with restricted free agent guard Terence Davis on a guaranteed two-year deal that will keep him in Sacramento, his agents at CAA Basketball tell Adrian Wojnarowski of ESPN (Twitter link). The financial terms have not yet been reported.
The 24-year-old came over to the Kings in a trade from the Raptors in March and played well in his 21 games coming off the bench, averaging 11.1 PPG and 3.3 RPG while shooting 37.2% on 5.4 three-point attempts per game in only 21.5 minutes a night. Davis’ defense has been at times erratic, but he has shown potential on that end as well.
After going undrafted in 2019, Davis put together a strong rookie season, including averaging 11.3 PPG in 17 MPG in the Raptors’ first-round playoff series against the Nets, and was rewarded with an All-Rookie Second Team selection a year ago.
Between the 6’4″, 201-pound Davis and rookie Davion Mitchell, the Kings are loading up on tough, physical guards who can shoot to round out their backcourt core of De’Aaron Fox and Tyrese Haliburton. Buddy Hield remains in the mix for now too, though he has been the subject of trade rumors.