DeMar DeRozan’s time with the Chicago Bulls is over.
According to an ESPN report on Saturday, the Kings acquired the 34-year-old free agent guard on a three-year, $74 million contract.
Sacramento is trading forward Harrison Barnes and an unprotected 2031 draft pick to the San Antonio Spurs, while guard Chris Duarte, two second-round draft picks and cash are going to the Bulls, sources told the website.
The DeRozan trade gives the Kings their own Big 3 in the Western Conference, teaming the veteran with All-Star guard De’Aaron Fox and All-Star center Domantas Sabonis.
DeRozan, a six-time All-Star who turns 35 next month and is entering his 16th NBA season, is coming off a strong three-year run with Chicago.
He was selected to the All-Star team in his first two seasons with the Bulls and averaged 24 points, 4.3 rebounds and 5.3 assists this season. He also finished second to Stephon Curry for the NBA’s Clutch Player of the Year Award in 2024.
The news comes after DeRozan traveled to Sacramento on Saturday to speak with team officials and coach Mike Brown, who signed a contract extension with the Kings this offseason after leading the Kings to back-to-back winning seasons for the first time since 2006.
The Kings will be the fourth team for DeRozan, who previously played for the Raptors, Spurs and Bulls.
The three-time All-NBA selection has had an impressive career, averaging 21.2 points, 4.4 rebounds and 4.1 assists in his 1,110 NBA games.
DeRozan, a three-time All-NBA selection, was selected ninth overall by the Toronto Raptors in the 2009 NBA draft. In his 15 NBA seasons, he played for the Raptors, Spurs and Bulls.
In his 1,110 NBA games, he averaged 21.2 points, 4.4 rebounds and 4.1 assists.
The Spurs bring in the 32-year-old Barnes, another veteran player, along with Chris Paul who signed with the team as a free agent to play alongside Rookie of the Year Victor Wembanyama.
San Antonio, which is carving Barnes out of its remaining salary cap space to make the deal happen, is also getting a durable, solid offensive player.
He played 82 games in each of his last two seasons and last season, averaging 12.2 points and three rebounds while making 47.4 percent of his field goals and 38.7 percent of his three-pointers.
Barnes, a member of the 2015 NBA championship team Golden State Warriors and the team’s seventh overall pick in 2012, played 5½ seasons for the Kings after joining from the Dallas Mavericks via the trade deadline.
The Kings are also the fourth team for Barnes, who has career averages of 14.9 and 4.9 rebounds
The Bulls get a younger guard in the 27-year-old Duarte, who averaged 3.9 points in 59 games for the Kings last season. The Kings acquired him from the Indiana Pacers last summer after trading two second-round picks.