ESPN's Adrian Wojnarowski and Tim Bontemps reported Saturday, citing sources, that the Kings have reached a sign-and-trade agreement with the Chicago Bulls to acquire six-time NBA All-Star DeMar DeRozan.
DeRozan is expected to sign a three-year, $76 million contract with the Kings, TNT and Bleacher Report's Chris Haynes reported, citing sources.
The first two years of DeRozan's contract are fully guaranteed, while the third year is partially guaranteed, according to Haynes.
Wojnarowski reported, citing sources, that DeRozan's three-year deal is worth $74 million.
In the agreed-upon three-team trade, first reported by Wojnarowski, the Kings will send Harrison Barnes to the San Antonio Spurs and Chris Duarte, two second-round draft picks and cash to the Bulls.
The Athletic's Shams Charania first reported that DeRozan and the Kings were finalizing a contract agreement.
The Kings had been pursuing DeRozan for some time and welcomed the 34-year-old to Golden 1 Center on Saturday to finalize the deal.
Haynes also reported, citing sources, that Kings star De'Aaron Fox played a large role in luring DeRozan to Sacramento.
Shortly after news of the sign-and-trade agreement broke, the 15-year NBA veteran traveled to G1C with Kings owner Vivek Ranadive and general manager Monte McNair to watch Sacramento play against the Chinese national team in the California Classic.
Naturally, Kings fans, who had just seen the news about the trade, erupted in loud applause as DeRozan took his courtside seat.
With DeRozan's arrival, the Kings' starting lineup could potentially consist of him, Fox, Malik Monk, Keegan Murray and Domantas Sabonis.
Monk, who officially re-signed on Saturday, has flourished as a sixth man but has expressed a preference to play as a starter.
If head coach Mike Brown moves in that direction, the Kings will have a strong starting five that can compete with any team in the NBA.
The Kings knew they needed to make a big impact this offseason after missing the playoffs after being eliminated in the Western Conference play-in tournament last season.
DeRozan averaged 24.0 points per game last season with the Bulls and has averaged at least 20.1 points per game in each of his last 11 NBA seasons, making him the big man McNair and company were hoping to reel in.
