HoopsHype Rudy Gay rumors

July 14, 2014 Updates
July 13, 2014 Updates
June 25, 2014 Updates

Sacramento Kings forward Rudy Gay has exercised his $19.3 million player option for next season. The Kings also announced Wednesday that they have extended a qualifying offer to point guard Isaiah Thomas to make him a restricted free agent. Sun Herald

June 23, 2014 Updates

Rudy Gay made life a whole lot easier for Pete D’Alessandro and the entire Sacramento Kings front office this weekend. The veteran small forward made headlines yesterday when he decided to opt into the final season of a five-year contract he signed with the Memphis Grizzlies in 2010. “It gives us some certainty in the position and it gives us some feeling where we can go moving forward with him,” D’Alessandro said following the Kings pre-draft workout on Monday. “And where that takes us, I don’t know. But I do know it gives us some certainty for that position, which helps us try to build the team around that core that we have going now.” Cowbell Kingdom

Sacramento Kings small forward Rudy Gay has decided against becoming a free agent and will instead exercise the player option for the 2014-15 season worth $19.3 million, two people with knowledge of the situation confirmed to USA TODAY Sports. news10.net

June 22, 2014 Updates

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. Yahoo! Sports

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. The Kings consider Gay a cornerstone of the franchise's future and prolonging the process on extension discussions gives him a chance to further evaluate the team's progress on improving the roster before he fully commits to a deal. If Gay is unable to complete an extension in the next year, he'll become an unrestricted free agent in the summer of 2015. Yahoo! Sports

Jason Jones: Kings happy Rudy Gay has opted in, especially letting them know before the draft, which would impact moves the team might make. Kings never believed Rudy Gay would leave them hanging going into the Draft, but are still relieved he didn't. Twitter @mr_jasonjones

June 21, 2014 Updates

Gay has until June 30 to decide whether to opt out of his remaining year worth $19.2 million with the Kings, which will make him an unrestricted free agent. The front office would like to retain Gay beyond the remaining season and sign him long-term. "I have reached out to Rudy, and we've talked and he knows that I want him back," Cousins said. "I need him on this ride and at the end of the day, it's a decision he has to make for him and his family. We can only hope for the best and if he goes another way, I'll wish him the best, but hopefully he's in a Sacramento Kings uniform next season." news10.net

June 19, 2014 Updates
June 12, 2014 Updates
June 11, 2014 Updates
June 10, 2014 Updates

Forward Rudy Gay arrived in Sacramento Tuesday afternoon to meet with the Kings, who are hoping to convince Gay to stay with the team beyond this season. Gay has a player option for next season that would pay him $19.3 million. Gay could decline the option and become an unrestricted free agent. Gay was greeted after he arrived on a private jet by Kings general manager Pete D’Alessandro and coach Michael Malone before being escorted to an awaiting SUV where fans were waiting to greet Gay. Sacramento Bee

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