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    Susquehanna Raises Penn Entertainment Inc. (PENN) Price Target. – Yahoo Finance

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NBA Rumors: Mike Brown, Kings Agree to 3-Year, $30M Contract Extension

June 2, 2024
in Sports
NBA Rumors: Mike Brown, Kings Agree to 3-Year, $30M Contract Extension
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SACRAMENTO, CALIFORNIA - APRIL 16: Sacramento Kings head coach Mike Brown stands on side of court during their game against the Golden State Warriors during the Play-In Tournament at Golden 1 Center on April 16, 2024 in Sacramento, California.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Ezra Shaw/Getty Images)Ezra Shaw/Getty Images

The Sacramento Kings and head coach Mike Brown have agreed to a contract extension through the 2026-27 season, per ESPN’s Adrian Wojnarowski.

Shams Charania of The Athletic and Stadium reported that the deal is worth $30 million. Brown’s base salary will be worth $8.5 million annually and he’ll have the opportunity to earn $10 million per year with bonuses, Charania added.

Brown has been the head coach of the Kings since the 2022-23 season and was the NBA’s Coach of the Year in his first year with Sacramento.

Brown took over as the Kings head coach after a six-year stint as an associate head coach for the Golden State Warriors. Before his time with the Warriors, he was the head coach of the Cleveland Cavaliers twice (2005-2010 and 2013-2014) and the head coach of the Los Angeles Lakers (2011-2012).

In his first year with the Kings a season ago, he led the team to its first playoff appearance in 16 years and was just one win away from defeating the Warriors to advance Sacramento to the second round for the first time since 2004.

This season, the Kings finished 46-36 to reach the play-in tournament, beating the Warriors in their first game and losing to the New Orleans Pelicans to end their season.

While Brown and Sacramento fell short of reaching the postseason this year, it’s clear the team has made major strides since his hire. Before Brown took over as head coach, the Kings had not won more than 40 games since 2006, and they have reached the 40-win mark in each of his first two seasons.

The Kings still have plenty of work to do to compete for a championship, but keeping Brown around seemed like a necessary step to continue progressing.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Bleacher Report – https://bleacherreport.com/articles/10123229-nba-rumors-mike-brown-kings-agree-to-3-year-30m-contract-extension

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