The Sacramento Kings and fourth-year forward Keegan Murray have agreed to a five-year, $140 million extension, a league source told The Athletic. Murray, the fourth pick in the 2022 NBA Draft, has played 233 games for the Kings, averaging 13.3 points and 5.6 rebounds in his first three seasons. ESPN was first to report the news.

Murray will miss the start of the season with a torn UCL in his left thumb. He’s due to be reevaluated at the end of November. Murray’s extension rounds out a busy day for the Kings. Former MVP Russell Westbrook is expected to sign a one-year, league-minimum deal with Sacramento, a league source told The Athletic.

The negotiations between Sacramento and Murray began in the neighborhood of Jabari Smith Jr.’s recent five-year, $122 million extension with the Houston Rockets. Team and league sources indicated that a key question sprouted from there: Was Murray truly ready to take that next step and be worthy of a contract north of that figure, or might his upside be lost amid all of the high-usage veterans who the Kings employ?

While there is no clarity there just yet, the Kings clearly hope the answer is the former, and they decided to secure their young talent.

The Kings’ deal with Murray is a fair compromise between a new front office that didn’t draft Murray and a still-rising wing who just turned 25. Despite a dip in 3-point shooting last season (34 percent), Murray is a career 38 percent shooter from deep. His ability to guard multiple positions, along with his acute professionalism, made a long-term marriage between him and the team something both sides wanted to work out.

Murray won’t come anywhere close to the $44.8 million annually that Franz Wagner, taken eighth by Orlando in the 2021 draft, is getting from the Magic beginning this season. He’ll make a little more than Rockets’ Smith, who went a pick ahead of Murray in the ’22 draft, but less than other wings of his vintage like Atlanta’s Jalen Johnson (five years, $150 million).

But Murray is a fan favorite. Sacramento expects him to find an equilibrium with coach Doug Christie that he didn’t seem to find with former coach Mike Brown, and the Kings now are assured they’ll get Murray’s prime years at a reasonable price, paying him at a more than fair rate — but not that of a top or second offensive option.

Murray’s role changed significantly two years ago under Brown. The Kings were in desperate need of versatile defenders, with De’Aaron Fox and Domantas Sabonis carrying the majority of the scoring. Murray, in turn, was asked to be a two-way player in ways that were not necessarily originally expected for the young prospect with a deft shooting touch.

Last season, Murray averaged 12.4 points on 44.4 percent shooting. He found his stride as his third pro season continued, shooting better from deep in 24 games after the 2025 All-Star Game (38.2) than in his 52 previous appearances (32.2).

This story will be updated.