The Sacramento Kings fired coach Mike Brown on December 27, 2024, after a 13-18 start to the season. The market for Brown being out before October 25, 2027 collapsed from 99¢ to just 2¢ — the most dramatic single-day swing in the data. This represents traders rapidly repricing from near-certainty to almost impossible, reflecting the fact that Brown has already been dismissed. Brown had led the Kings to their first playoff appearance in 17 years and became the first-ever unanimous NBA Coach of the Year award winner in 2023. The firing came after an 0-5 homestand that featured losses to the Denver Nuggets, Los Angeles Lakers (twice), Indiana Pacers and Pistons.