Per ESPN.com:
Free agent guard Malik Monk intends to sign a four-year, $78 million deal — including a player option — to return to the Sacramento Kings, sources told ESPN on Thursday night.
Monk, the NBA’s Sixth Man of the Year runner-up, had a career-best season, averaging over 15 points and five assists, and he avoids free agency with the maximum deal available to him to stay in Sacramento.