EuroLeague MVP Sasha Vezenkov, Kings Agree to 3-Year, $20M Contract

As the NBA free-agent negotiating period continues to heat up, the Sacramento Kings reportedly made an off-the-radar agreement on Saturday.

According to ESPN's Adrian Wojnarowski, the Kings have agreed to a three-year, $20 million deal with 6'9" forward and reigning EuroLeague MVP Sasha Vezenkov.

Wojnarowski noted that Vezenkov "is expected to play a formidable role" for the Kings, who are coming off their first playoff appearance since 2006 and a third-place finish in the Western Conference after going 48-34 in the regular season. Sacramento had acquired the draft rights to Vezenkov from the Cleveland Cavaliers in exchange for a second-round pick in last year's draft.

A native of Bulgaria, Vezenkov became a highly regarded prospect thanks to his efficiency on the floor. He shot 40 percent from three-point range in his EuroLeague career as well as a blistering 63 percent on two-point shots, per Wojnarowski. The 27-year-old has also earned MVP honors in the Greek League twice.

The Kings opened free agency by retaining two of their core players. Veteran forward Harrison Barnes decided not to test the open market and stayed with the team on a three-year, $54 million extension. Big man Trey Lyles re-signed with Sacramento on a two-year, $16 million contract.

Adding Vezenkov to a core led by De'Aaron Fox and Domantas Sabonis is a strong move for the Kings, who are trying to bounce back from this year's disappointing first-round playoff exit at the hands of the Golden State Warriors in seven games.