Updated

The Kings have confirmed that Mike Malone will be their new coach.

Sacramento announced Sunday that he would be introduced at a news conference Monday, three days after new owner Vivek Ranadive formally took control of the franchise from the Maloof family.

Malone replaces Keith Smart, who was fired Friday shortly after the sale of the team was completed.

Ranadive has been a minority owner the last years of the Warriors, where Malone worked the past two seasons as an assistant under coach Mark Jackson.

Malone is the son of former NBA coach Brendan Malone and has been an assistant in the league for more than a decade. He has engineered defensive turnarounds at almost every stop.