The Sacramento Kings and swingman Francisco Garcia today reached an agreement in principle on a multi-year contract extension, it was announced by Kings’ President of Basketball Operations Geoff Petrie. Per team policy, terms of the deal were not disclosed.

“We are all gratified we were able to reach an agreement in principle with Francisco on a contract extension,” said Petrie. “He embodies a lot of qualities we feel are necessary for our team to continue to improve. He’s a competitive leader and he’s gotten better every year. We’re looking forward to watching him grow even more this season.”

Garcia, a three-year NBA veteran, amassed career averages of 8.1 points (.440 FGs, .357 3FGs, .792 FTs), 2.9 rebounds and 1.4 assists per game through 225 outings with the Kings. His best year, statistically, occurred during the 2007-08 campaign when he averaged 12.3 points (.462 FGs, .391 3FGs, .779 FTs), 3.3 rebounds and 1.6 assists per game over 79 contests. Garcia started in 20 games last season (2007-08), averaging 16.4 points (.448 FGs, .370 3FGs, .798 FTs), 4.6 rebounds and 2.6 assists per game. He recorded a career-high 31 points in 35 minutes at Phoenix on November 21, 2007.

“I feel great,” explained Garcia. “It’s good to know that I’m going to be here for years to come. This is a great organization that’s moving in the right direction. We have the best owners in the league. Our general manager is one of the best. And we have a good coaching staff with a lot of talented players. I’m looking forward to the upcoming season.”

Garcia was selected in the first round (23rd overall) of the 2005 NBA Draft by the Kings as an undergraduate out of Louisville. He enjoyed a three-year career for the Cardinals, averaging 14.4 points (.448 FGs, .369 3FGs, .849 FTs), 3.9 rebounds, 3.5 assists and 1.48 steals per game through 98 outings, of which he started 80.

“It’s very exciting to sign Francisco to a contract extension,” said Kings’ Owner Gavin Maloof. “He’s been a wonderful member of our organization both on and off the floor. We love his tenacity and leadership skills. He’s never afraid to take the big shot or make the big play. Francisco is a major part of our young core going forward.”