Malik Monk, the NBA's Sixth Man of the Year runner-up, has agreed to a four-year, $78 million contract to remain with the Sacramento Kings.
Monk, who had a career-best season with the Kings, will avoid free agency by signing the maximum deal available to him.
Keeping Monk was a top priority for the Kings, who are looking to continue building a competitive roster.
Monk's performance off the bench, including leading the league in points and assists, made him a key piece for the franchise as they look to build on their recent playoff success.