Kings lock up Cousins for $62M

SACRAMENTO, CALIF.— The Sacramento Kings signed DeMarcus Cousins to a four-year maximum contract extension worth a reported $62 million Monday, saying the 23-year-old centre is the foundation the franchise will build on.

Sacramento hasn’t had a winning season since 2006, but the new Kings management is comfortable investing in a player considered one of the NBA’s best young big men despite drawing multiple suspensions from both the team and the league for his behaviour.

Said new owner Vivek Ranadive: “I’m just doing what I do in my business every day, just betting on the best. And he represents the best.”