The Sacramento Kings have hired Brandon Williams as assistant general manager.

Williams was previously Vice President of Basketball Administration for the Philadelphia 76ers.

Williams will replace Scott Perry, who was hired by the New York Knicks as general manager.

The Sacramento Kings have met with Otis Smith about their vacant Vice President of Basketball Operations job.

The Kings are searching for a new No. 2 executive to report to general manager Vlade Divac following the departure of Scott Perry to the New York Knicks.

Smith was previously general manager of the Orlando Magic where he spent six seasons in the job.

Smith has spent the past two seasons working for the Detroit Pistons.

The Sacramento Kings have agreed to sign Jack Cooley to a two-way contract.

Cooley averaged 9.2 points, 6.6 rebounds and shot 64 percent in Summer League.

Cooley averaged 13.0 points and 6.9 rebounds in 19.2 minutes per game last season in Germany.

Vince Carter has agreed upon a one-year, $8 million deal with the Sacramento Kings.

Carter spent the past three seasons with the Memphis Grizzlies as he's continued to remain a productive rotation wing late into his career.

Carter signed a three-year, $12 million deal with Memphis in the 2014 offseason.

The Kings have already signed veterans George Hill and Zach Randolph to significant contracts this offseason.

The Memphis Grizzlies have announced they will retire Zach Randolph's No. 50.

Randolph signed with the Sacramento Kings this offseason.

"It’s always about basketball — but sometimes it’s about more than basketball. That’s when it’s special," wrote the Grizzlies in an open letter to Randolph and "Grizz Nation."

"The eight years Zach spent in the mud, in Memphis, are special. They are filled with franchise-defining basketball success, but they are so clearly about more than that. Every Memphian felt it and all of us believe it.

"Zach helped establish what it means to play for the Grizzlies on the court and in the community, and in doing so helped forge an identity for our City.

"His numerous on the court accomplishments speak for themselves. He is our all-time leader in field goals, rebounds and of course, takedowns.

"He is a proud civic leader and an extraordinary hands-on community benefactor. It is no coincidence that our collective dedication to service in our communities and our pride in Memphis surged during his time here.

"Grit & Grind is more than a motto to us, it has become a civic code of conduct and cultural ethos. It’s the way we do things in Memphis and at the Grizzlies. The best way for the team, the organization and for the City of Memphis to honor and respect the foundation built on Zach’s broad shoulders is to continue to Grit & Grind.

"To Zach — Thank you for all the joy and magical moments too numerous to count. Thank you for the energy and excitement you brought each and every night to FedExForum. Thank you for your leadership and service. Thank you for your larger than life impact and for keeping all Memphians warm. Thank you.

"While there will be a time and place to recognize your lasting impact in Memphis, starting today, as stated earlier by Controlling Owner, Robert Pera, number 50 will never be worn by any other member of the Memphis Grizzlies.

"From Memphian to Memphian, thank you and best of luck to you and your family."

The Brooklyn Nets, Indiana Pacers, Sacramento Kings and Utah Jazz have interest in signing Kelly Olynyk.

The Boston Celtics rescinded their qualifying offer to Olynyk following Gordon Hayward's commitment in order to clear cap space.

Indiana is trying to unload salary in order to sign Olynyk.

Olynyk is one of the better available stretch big men on the open market.

Zach Randolph has agreed to sign a two-year, $24 million deal with the Sacramento Kings.

With Sacramento signing both George Hill and Randolph, they will no longer have cap space for their Otto Porter max offer in restricted free agency.

Randolph had been with the Memphis Grizzlies since 2009. Randolph will reunite with Dave Joerger with the Kings.

George Hill has agreed upon a three-year, $57 million contract with the Sacramento Kings.

Hill turned down a renegotiate and extend offer from the Jazz in February.

Utah's decision to trade for Ricky Rubio before the start of free agency limited Hill's options. Hill also received interest from the Los Angeles Lakers and Denver Nuggets. The Lakers were unwilling to offer a multi-year deal due to their desire for cap space in 2018.

The Kings drafted De'Aaron Fox at No. 5 and is expected to be their point guard of the future.

The third-year of the deal is a partial guarantee. According to Sam Amick, the guaranteed amount for the entire deal is $40 million.

Ben McLemore and the Memphis Grizzlies have agreed upon a two-year, $10.7 million deal.

The Sacramento Kings declined to tender a qualifying offer to McLemore, making him an unrestricted free agent.

McLemore was a lottery pick in 2013.

Vince Carter will meet with the Sacramento Kings on Monday.

Carter is a free agent after continuing to be a valuable role player with the Memphis Grizzlies.

Carter signed a three-year, $12 million deal with the Grizzlies in 2014.

Sacramento has amongst the most cap space in the NBA and are attempting to rebuild and change their culture.