The Sacramento Kings agreed to a four-year, $62 million contract extension with center DeMarcus Cousins, multiple media outlets reported Friday.
Cousins had one year left on his deal. If the Kings and Cousins did not agree on an extension by the Oct. 31 deadline, they still would have been able to make him a restricted free agent, meaning they could match any offer for Cousins at the end of the season.
Cousins averaged 17.1 points, 9.9 rebounds, 2.7 assists and 0.7 blocks last season, and has career averages of 16.3 points and 9.8 rebounds per game in his first three seasons.
He was taken fifth overall by the Kings out of Kentucky in the 2010 draft.
The 23-year-old has had ups and downs with team management through his first three years and there were trade rumors that floated last season to deal the headstrong player. However, the Kings are under new ownership and have a new front office. They brought in former rival Shaquille O'Neal as a minority owner this week. O'Neal is expected to work with Cousins and may serve as a mentor for the young center.