The Kings knew they needed a point guard entering free agency, so they brought in former Los Angeles Lakers guard (most recently former Pistons guard) Dennis Schroder in on a sign-and-trade deal. Schroder's new contract is $45 million across three years.
Several years have passed since the Lakers offered a four-year extension worth $84 million to Schroder, who turned it down, thinking that a strong playoff performance would result in more money over the offseason. Instead, it led him to sign a one-year, $6 million deal with the Celtics. He bet on himself, and it backfired.