Geoff Petrie signed a four-year extension with Sacramento on Friday, keeping him as the president of basketball operations until at least 2010.

"We're very mindful of the success we've had here the last six or seven years," Gavin Maloof said. "We haven't won it all but we still have one of the winningest teams in sports. That's because of Geoff, and Rick as well. He's a King for life."

Petrie was also responsible for orchastrating the Blazers' two trips to the NBA Finals.

"We've done a lot of terrific things here but there still is that final frontier," Petrie said. "That's what we're working for."