SACRAMENTO, CALIF., Dec. 23, 2011 -- "It is a profound pleasure to announce the signing of Chuck Hayes to a new multi-year contract. Chuck’s abilities and potential contribution have been previously described in great detail and remain unchanged. There is a much larger human story contained in the ongoing series of events which have encompassed the last eight days that go beyond basketball. It should be embraced. Some undoubtedly will seek to find some element of failure in this. There is no failure here. Chuck’s story and return has been so much more about caring, support, hope, faith, prayer, and a livable redemption. These values represent a larger part of the oxygen of life. The travails and then the triumph of the human spirit is what transpired here. There should be inspiration in this for everyone, especially at this time of the year. In closing, I want to wish everyone a wonderful holiday with their families, friends, and loved ones, and to all a good night."

About Maloof Sports & Entertainment (MS&E):
Maloof Sports & Entertainment includes the Sacramento Kings and Power Balance Pavilion. Owned by the Maloof family with long-term, local partners, the organization is committed to being a contributing member of the Sacramento community. Teaming up with local leaders and non-profit organizations to give back to those in need throughout the region, MS&E has donated millions of dollars to charity in 12 years of Maloof family ownership. For more information about Maloof Sports & Entertainment, please visit, or call 916-928-0000.