Free Agency: What’s next for the Kings with $35 million cap space?

How the Sacramento Kings could use $35 million in cap space to improve the team and renegotiate and extend Domantas Sabonis.

The Sacramento Kings are heading into the offseason looking to build off their successful 2022-23 campaign. They entered last night’s draft with the 24th overall selection, which they could’ve used to add another building block toward their future. Instead, they traded the pick and Richaun Holmes to the Dallas Mavericks for nothing. While the deal may look bad from a value proposition, the Kings clearly prioritized getting off Holmes and the remaining two years, $26.7 million left on his deal.

This trade also accomplished another thing: they’re now a cap space team. They project to have $33-36 million in cap space, which should be more than enough to acquire an impact player or two while potentially renegotiating and extending the expiring contract of Domantas Sabonis.