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DeMarcus Cousins signs extension

Updated: September 30, 2013, 6:17 PM ET
ESPN.com news services

SACRAMENTO, Calif. -- Vivek Ranadive has made a fortune in the software industry by betting on the right people.

The new owner of the Sacramento Kings is now betting big on DeMarcus Cousins.

The Kings signed Cousins to a four-year maximum contract extension on Monday, saying the 23-year-old center is the foundation the franchise will build on to lead a struggling team into a new era.

Sacramento did not disclose financial terms. The deal is worth $62 million, sources ...

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