Kings Sign Cory Joseph to Three Year, $37 Million Deal

The Kings have found their backup point guard.

Jul 1, 2019, 7:13 AM Updated: 7:13 am

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Early Monday morning, the Sacramento Kings completed their fourth free agency deal of opening day, signing point guard Cory Joseph, formally of the Indiana Pacers, to a three-year, $37 million deal.

Source confirms Kings’ three-year, $37 million deal with point guard Cory Joseph (@ChrisBHaynes first). I’m told the third year is a partial guarantee.

Also, the Kings rescinded Willie Cauley-Stein’s qualifying offer to free up this money, making him an unrestricted free agent.
— Sam Amick (@sam_amick) July 1, 2019

As Amick reported, in order to sign Joseph, the Kings rescinded their qualifying offer and cap hold for Willie Cauley-Stein.

Joseph, a defensive-first point guard, averaged 6.5 points, 3.9 assists and 1.1 steals a night last season with Indiana, while shooting just 32% from three-point range.

The Kings and Joseph will officially sign the contract on July 6th.