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Rudy Gay Exercising Player Option, Will Stay With Kings

Rudy Gay can either hit unrestricted free agency in July or stay with the Kings for one more season at $19.3 million. It looks like he’ll be back for another year in Sacramento. From Yahoo Sports:

Sacramento Kings forward Rudy Gay will exercise his $19.3 million contract option for the 2014-15 season, but has tabled extension talks until later this summer, league sources told Yahoo Sports.

The re-signing of Gay is a top priority for the Kings. Team management and Gay’s agent, Alex Saratsis of Octagon, are expected to re-engage discussions in the near future, sources said.

After July 1, the Kings and Gay will be able to negotiate a full four-year contract extension. Gay has been in constant contact with Kings management, and has been impressed with new owner Vivek Ranadive’s commitment to constructing a contender, sources said.

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