DeMarcus Cousins, Kings agree to $62 million extension

DeMarcus Cousins has reached agreement on a four-year, $62 million maximum contract extension with the Sacramento Kings, a league source told Yahoo Sports.

Cousins deal will include no early termination option, which could've been possible after the third year of the deal, a source said.

After resisting the idea of giving Cousins a max deal without conditions in the contract, the Kings finally relented and gave the talented, but temperamental young center the offer he and his agents, Dan Fegan and Jarrin Akana, had sought in negotiations.

Cousins, 23, averaged 17 points and nearly 10 rebounds a game for the Kings last season. He was the fifth overall pick in the 2010 draft, and is the third member of his class – including Washington's John Wall and Indiana's Paul George – to earn a maximum contract extension.

New Kings owner Vivek Ranadive has grown fond of Cousins and his prodigious talent, and was determined to agree to the extension before the start of training camp next week, sources said.

Cousins has been punished several times with suspensions and benchings in his three NBA seasons, and the Kings are hoping that a new regime – including owner, GM and coach – will provide the organizational structure to help him mature into a legitimate franchise player.

The Sacramento Bee first reported there was an agreement in principle.