Monk agreed to a two-year deal with the Kings that could be worth as much as $20 million, according to his agent.
He signed a one-year contract for the veteran's minimum with the Lakers. He was one of the few bright spots in a miserable season for the team, and he averaged a career-high 13.8 points, 3.4 rebound and 2.8 assists.
While he won't reach the star-level heights many hoped for when he left Kentucky, the sweet-shooting guard showed out as a capable fifth starter or sixth man who can light things up on a nightly basis.
He scored a career-high 41 points in a victory over the Denver Nuggets.
It was no surprise that the Lakers prioritized Monk over other free agents.
I enjoy being here. He told reporters in April that he would love to return and not do this again.
✨ Watch more top videos, highlights, and B/R original contentIn each of his three NBA seasons, Monk has increased his scoring output, and in the last two years he has improved his three-point shooting. Over the last two years, he has shot over 39 percent in each of the last two seasons.
The Kentucky product isn't going to be locked down on the perimeter. He can stretch the floor off the dribble and is a microwave scorer.
The Kings will be happy if Monk matches his performance from a year ago.