Updated

Sacramento, CA (SportsNetwork.com) - The Sacramento Kings signed point guard Darren Collison to a multi-year contract on Saturday.

Terms of the deal were not disclosed, but multiple reports during the league's moratorium period had the deal at $16 million over three years.

"Adding Darren provides veteran leadership in our backcourt," said Kings general manager Pete D'Alessandro. "His speed and quickness will undoubtedly increase our pace and he plays sound defense every night. We're excited to have him join the team."

Collison, 26, averaged 11.4 points and 3.7 assists in 80 games last season with the Clippers. It was his first and only season with Los Angeles.

In five seasons with the Clippers, Dallas, Indiana and New Orleans, Collison has career averages of 11.9 points and 4.9 assists.