Friday , Feb , 11 , 2005 C.Y. Ellis

Kings award Petrie with extension

Sacramento, CA (Sports Network) – The Sacramento Kings signed president of
basketball operations Geoff Petrie to a multi-year contract extension Friday.
Terms of the deal were not disclosed.

Prior to Petrie’s arrival in Sacramento in 1994, the Kings had advanced to the
postseason only once in the previous nine seasons. Since he took over, the
Kings have qualified for the playoffs in seven of 10 seasons, including each
of the last six years.

Sacramento has won 55-plus games each of the past four seasons and is the
third-winningest franchise during that period at 333-176, trailing only the
San Antonio Spurs (362-147) and Los Angeles Lakers (342-165). The Kings also
have won Pacific Division titles two of the past three seasons and advanced to
the Western Conference Finals in 2002.

“Geoff (Petrie) is one of the premier general managers in all of basketball.
We feel today’s extension is both deserved and a necessity for our basketball
team to continue to enjoy its tremendous success,” said owner Joe Maloof.
“From the moment we met Geoff in 1998, we knew he was the man to lead our team
into the future.”

“Geoff Petrie brought us to elite status within the NBA,” added Gavin Maloof.
“His ability to build a team and basketball operations department is
unmatched. We want to make him a King for life. We can’t imagine anyone else
running our basketball department. He has a brilliant mind and a keen eye for
scouting talent.”

SAC