Kings general manager Pete D'Alessandro announced Thursday afternoon in a press release the team has agreed to a contract buyout with guard Jimmer Fredette.
“This was a very tough decision, but we’re confident that the agreement reached today represents the most productive path forward, both for Jimmer and the Kings,” said D’Alessandro in the statement.
“Echoing a sentiment that everyone who knows him appreciates about Jimmer, he’s a tremendous person and a consummate professional. We thank him for the meaningful contributions he made to the team and in the Sacramento community. On behalf of an entire organization, we wish him nothing but great success in the future.”
Fredette, the No. 10 overall pick of the 2011 draft, is now a free agent eligible to sign with any NBA team. Two teams that reportedly have shown interest in Fredette, who averaged 5.9 points in 41 games this season, are the Cleveland Cavaliers and Chicago Bulls.
The news of Fredette's buyout follows Thursday's announcement that Kings center DeMarcus Cousins has been fined $20,000 and suspended one game by the NBA for punching a Houston Rockets player Tuesday night and for verbal abuse of a game official in which he was hit with two technical fouls and ejected from the game.
Return for more on both of these developing stories.