Kings Extend Petrie's Contract
Feb. 03, 2001
SACRAMENTO, Calif. (AP) _ Geoff Petrie, the Sacramento Kings' vice president of basketball operations, received a multiyear contract extension from the team on Friday night.
Petrie, who took over the Kings' basketball operations in June 1994, has drafted or otherwise acquired every player on Sacramento's roster. The Kings have made the playoffs in each of the last two seasons, and they held the Western Conference's best record entering Friday's games.
Under a spotlight in a darkened Arco Arena, Kings owners Joe and Gavin Maloof announced Petrie's contract extension at center court moments before the start of Sacramento's game against Vancouver. Financial terms weren't disclosed.
``I'd really like to express my deepest gratitude to Joe, Gavin and the rest of the Maloof family for the confidence and the enthusiasm they've express toward me,'' Petrie said. ``I couldn't ask for a better situation.''
The move was the latest in a series of stabilizing measures by the Kings, who have signed coach Rick Adelman to two contract extensions in the last four months. Earlier this season, the organization opened a $13 million practice facility for the Kings and the WNBA's Sacramento Monarchs.
``The talented players and staff that Geoff has assembled here is tremendous,'' Joe Maloof said. ``Geoff has continuously proven that he is one of the finest basketball minds in the NBA.''
A former NBA co-rookie of the year with the Portland Trail Blazers, Petrie was a two-time All-Star in a six-year playing career that was cut short by injury.