Kings reward Kevin Martin with extension

Shooting guard Kevin Martin reached terms Tuesday on a lengthy contract extension with the Sacramento Kings.

Shooting guard Kevin Martin reached terms Tuesday on a five-year contract extension with the Sacramento Kings.

Details were not disclosed, but speculation is it will be worth $55 million US and takes effect as of the 2008-09 NBA season.

"We expect to finalize the contract in the very near future," Kings president of basketball operations Geoff Petrie said.

Martin, 24, was Sacramento's leading scorer last season at 20.2 points per game.

He also averaged 4.3 rebounds, 2.2 assists, 1.2 steals and 35.2 minutes in 80 starts.

"He is one of the most exciting young players in the NBA," Petrie said. "We look forward to watching him play for many years to come."

Martin has averaged 12.8 points, 3.4 rebounds, 1.5 assists and 26.3 minutes in 197 NBA games (121 starts) since being drafted 24th overall out of Western Carolina by the Kings in 2004.

With files from the Associated Press