KINGS EXTEND KEITH SMART’S CONTRACT

SACRAMENTO, CALIF., Aug 6, 2012 -- The Sacramento Kings today extended the contract of Head Coach Keith Smart for the 2013-14 season, it was announced by Kings’ President of Basketball Operations Geoff Petrie.

“Keith’s extension gives us the stability we need to continue the development of our team,” Petrie said. “He has the commitment, energy and vision necessary to succeed in building a winning team. We are all looking forward to working with him as we pursue an exciting and productive future.”

Smart was named Sacramento's head coach on January 5, 2012, becoming the franchise’s 24th head coach. In his first season with the Kings, Smart compiled a 20-39 coaching mark. He has a lifetime record of 65-116 (.359) in three seasons with the Sacramento Kings (2011-12), Golden State Warriors (2010-11), and Cleveland Cavaliers (2002-03).

“I’m excited to continue this process with the Kings,” Smart said. “We’re trying to get our franchise moving in the right direction. The goal is to keep moving in that positive direction, and I’m glad that I get that opportunity. It’s been great working with Geoff and his staff and communicating with the Maloofs in this process.”

About Maloof Sports & Entertainment (MS&E):

Maloof Sports & Entertainment includes the Sacramento Kings and Power Balance Pavilion. Owned by the Maloof family with long-term, local partners, the organization is committed to being a contributing member of the Sacramento community. Teaming up with local leaders and non-profit organizations to give back to those in need throughout the region, MS&E has donated more than $20 million in cash and in-kind donations to more than 200 charitable entities over 13 years of Maloof family ownership. For more information about Maloof Sports & Entertainment, please visit Kings.com, PowerBalancePavilion.com or call 916-928-0000.