SUNDAY, 2:46pm: The team officially announced the move via a press release.
SATURDAY,11:11am: The Kings have released Willie Reed, league sources tell Shams Charania of RealGm. Reed will catch on with the Pacers summer league squad, though that does not necessarily mean that he is in line for a look as a roster addition in Indiana.
Reed spent most of last year in the D-League before Sacramento signed him to a pro-rated contract late in the season. The power forward didn’t play a single minute for the Kings, signed more as an asset for Sacramento’s D-League affiliate.
The Bell Management International client has never seen NBA action. He earned $102,089 on his deal with the Kings, and the nonguaranteed salary they waived for the upcoming season would have been $915,243. He had a similar experience as a late-season addition to the Grizzlies in 2012/13, where he was never utilized before eventually being released by Memphis.