Ron Artest sent an e-mail apology out to the Kings on Monday just one week after expressing regret over his decision not to opt out and enter free agency, according to The Sacramento Bee.

"I do apologize for being mistakenly frustrated with the Kings," Artest wrote in the e-mail. "It was a mistake that I made, and I will move on from."

Apparently, Artest believed that remaining in Sacramento this season would give him the chance to sign a long-term, lucrative extension, but the team reportedly isn't interested in giving him that kind of contract.

"I had wrong info about extension options, and it could have cost me a new deal," Artest wrote. "I was informed that the Kings had me in their long-term plans, so that's why I decided to stay in contract. I just wanted to show loyalty."

"However, when I spoke to the Kings, that was not an option, and I grew frustrated with my decision immediately," he added.

Via The Sacramento Bee

Sacramento Kings

Read the Full Story Discuss Send Feedback Buy Tickets