George Karl has agreed to a four-year, $14.5 million contract to coach the Sacramento Kings. The well-traveled coach begins his tenure in the California capital after the All-Star break.
Yahoo Sports’s Adrian Wojnarowski originally reported the deal’s completion, which had been rumored for several days.
Karl marks the third head coach to attempt to lead the Kings this season. The team currently sits third to last in the West with an 18-34 record. The team played near the .500 mark when the front office axed Mike Malone in December but has declined precipitously since that time by compiling a 7-21 record.
Karl has coached one out of every five NBA teams. Though he remains one of nine coaches to reach 1,000 wins, he has never won an NBA Finals. In his last job in Denver, Karl managed to win Coach of the Year and his walking papers all in the same season.