- Malik Monk has agreed to sign a two-year $19 million deal with the Sacramento Kings on Thursday.
- Monk was one of the highly-sought after free agents of the offseason if the Lakers did not sign him.
- The Detroit Pistons and Toronto Raptors were the favorites to sign Monk but the Kings beat the two and the other betting favorites to the draw.
Free agent Malik Monk has agreed to sign a two-year $19 million deal with the Sacramento Kings.
NBA free agency: Malik Monk to leave Lakers and sign with Kings on two-year, $19 million deal, per reporthttps://t.co/S87R646KSZ
— CBS Sports NBA (@CBSSportsNBA) June 30, 2022
This was revealed by Monk’s brother and agent Marcus to ESPN’s Dave McMenamin on Thursday. Monk’s decision ended speculation as to where the former Kentucky Wildcat will play next season.
The best NBA betting sites opened the odds for Monk’s next team but none of the betting favorites ended up getting him.
De’Aaron Fox and Malik Monk are Together Again
— Kings on NBCS (@NBCSKings) July 1, 2022
Monk was one of the bright spots for what was a disappointing season for the Los Angeles Lakers. The 24-year old Monk averaged career highs in minutes played (28.1), points scored (13.8 PPG), assists (2.9 APG), and true shooting percentage (59.7%). Monk also shot a high 39.1% from three-point distance while making a career-best 2.3 three pointers per game.
Not only will he reunite with college teammate De’Aaron Fox in Sacramento but Monk also gives the Kings added depth in the backcourt after losing Tyrese Haliburton and Buddy Hield whom the team traded at last season’s deadline. Monk was the 11th pick of the 2017 Draft by the Charlotte Hornets but struggled to get minutes. He signed with the Lakers and got extended playing time due to injuries suffered by the Lakers.
Monk has said before free agency that he was willing to take a discount to remain in Los Angeles where he felt he had already adjusted to. However, the Lakers appear to have different plans and Monk was linked to several teams before agreeing to sign with Sacramento. Interestingly, the Kings were not among the favorites to land Monk.
Malik Monk Was a Target of the Pistons
Free Agency Rumors: Malik Monk a target for Detroit Pistons https://t.co/QhVEGpOrJX
— Detroit Bad Boys ☠ (@detroitbadboys) June 27, 2022
Detroit had been the top team linked to Monk and although the Pistons did not officially say they were going after him, his three-point shooting would have filled the void on a team that ranked 28th in three-point shooting percentage last season. Because of that, the Pistons opened as the +250 favorites to sign Monk if he left the Lakers.
Next on the BetOnline list were the Toronto Raptors who managed to win 48 games last season despite having one of the worst benches in the NBA. Toronto at +275 made sense because Monk had spent the last two seasons as one of the bright spots on the Lakers’ bench. At +300 were the Dallas Mavericks who were destined to lose Jalen Brunson in free agency. Getting Monk would help replace his points production.
The Knicks were third at +350 but that was before they were able to sign Brunson. The Cleveland Cavaliers were next at +400. They were followed by the Minnesota Timberwolves and Phoenix Suns who were priced at +500 and +750 respectively, at the BetOnline App. In the end, it was Sacramento which flew under the radar to sign one of the top available free agents in the market.