Landry, 29, averaged 10.8 points and six rebounds per game for the Warriors last season. An undersized but physical power forward who can step out and hit a mid-range jumper, Landry will be playing for Sacramento for the second time.
Landry tweeted Saturday: "Your boy is BACK!!!!"
In 2010, Landry was traded by the Rockets to the Kings in a three-team trade involving Kevin Martin; he was then traded by the Kings to the Hornets in 2011 for Marcus Thornton. He signed a one-year, $4 million deal with the Warriors last summer, so this amounts to an excellent payday for Landry.
After advancing to the Western Conference semifinals, Golden State opted against retaining Landry, who was a key rotation piece, and instead orchestrated a cap-clearing trade so that it could agree to sign free-agent swingman Andre Iguodala. That move also led to the reported departure of free-agent point guard Jarrett Jack to the Cavaliers on a four-year deal.
Landry's fit in Sacramento isn't yet clear. The Kings already have Jason Thompson, Chuck Hayes and Patrick Patterson on the books for next season, so something surely has to give in the frontcourt to accommodate Landry's arrival.
"Wow," Thompson tweeted Saturday after Landry's agreement was reported.
Free agents can officially sign contracts beginning Wednesday.GRADE: C Tyreke Evans