The Sacramento Kings have begun their offseason on a big note after getting Malik Monk’s approval as he is set to re-sign with the team, according to ESPN’s Adrian Wojnarowski.

Monk will reportedly resign with the Kings on a very friendly four-year, $78 million contract to remain with the franchise.

A 6th man of the year runner-up with Sacramento, Monk will remain with the team by being its microwave scorer off the bench and one of the most dynamic guards in the league and stay with longtime friend DeAaron Fox.

Rumors have been swirling about a lot of teams’ inquiries of Monk, and his market value was reportedly around the 90-100 million USD range, so this pay cut seems to be a little bit of a surprise.

The 26-year-old has resurrected his young career in Sacramento after tumultuous stints with Charlotte and the LA Lakers, and he has found a legit role and place within the team.