5:17pm: The Kings have now waived Dennis, according to the NBA’s transaction log.
2:04pm: The Kings have signed free agent swingman Dexter Dennis, according to RealGM’s official NBA transaction log. It’s an Exhibit 10 deal, per Keith Smith of Spotrac (Twitter link).
Dennis, 25, went undrafted out of Texas A&M in 2023 and caught on with the Mavericks for training camp, earning a two-way contract at the end of the preseason. However, he appeared in just four NBA games for Dallas before being waived in December.
Dennis played in a total of 44 Showcase Cup and regular season games in the G League as a rookie, including 29 for the Texas Legends and 15 for the Cleveland Charge, who traded for him in February. He averaged 11.5 points, 4.9 rebounds, and 1.4 assists in 29.3 minutes per game with a shooting line of .430/.350/.778.
Dennis is also considered a strong defender, having won the AAC Defensive Player of the Year award in 2022 at Wichita State.
The Charge traded Dennis’ G League returning rights to the Stockton Kings earlier this month, so in all likelihood, he’ll be waived before the NBA season begins and will subsequently report to Sacramento’s G League affiliate, where his Exhibit 10 contract will make him eligible to earn a bonus worth up to $77.5K if he spends at least 60 days with Stockton.
The Kings still have one open spot on their 21-man preseason roster and have reportedly agreed to Exhibit 10 deals with both Skal Labissiere and Justin Powell, so more back-of-the-roster transactions are likely coming in Sacramento.