In a wide-ranging interview with SI.com on Thursday night, Maloof -- whose family appears to be on the verge of remaining in Sacramento after reaching a tentative arena agreement with city officials on Monday -- said it's a formality that the Kings will exercise Smart's team option for 2012-13. The former Golden State coach was promoted from Kings assistant in early January when Paul Westphal was fired after a 2-5 start. Sources had said previously that the team was leaving its options open to possibly land a bigger-name coach this summer.