Here’s the Sacramento Bee with an update on the Kings:

The Kings reached an agreement with third-year forward Quincy Acy and his agent to extend the deadline to guarantee his salary for next season until Aug. 15.

The deadline had been Saturday and without the extension the Kings were considering declining the option. The agreement allows the Kings to explore ways to shed salary and still retain Acy, who would be due $915,243 next season. His salary would put the Kings about $2 million from the luxury-tax line of $76.829 million.