Originally posted by thornburg The "traditional" sports lens is a 70-200/2.8 (or 70-210/2.8 or 80-200/2.8 or 80-210/2.8).
The Tamron and Sigma versions both have a pretty decent reputation.
The DA* 50-135/2.8 might be worth a mention, but it doesn't have quite the same reach.
If you're on a lower budget, the DA 55-300 is probably a good choice for reach, but you'll miss that wide aperture...
As I implied earlier, I use screw-drive primes for sports, because of their fast focusing. I was never able to get very good information on how fast the DA70 focuses for sports, and I'd really like to know. But it's largely irrelevant for me, since I use the FA*85 (which focuses nice and quickly) instead. Nevertheless, I'm commonly using apertures at f/2.4 or above (for sports, at least) on the FA*85, so the DA70 could be a good value if it focuses quickly.
The DA55-300 has only average IQ (although it's very good for the price), but may work for some sports. I don't remember mine focusing particularly quickly, though.
The DA*50-135 focuses fast enough for some sports, but not for others (e.g. too slow when an athlete is running toward you at full speed, but terrific for shooting a parade and OK when movement is mostly in other directions). If you can get focus it has great IQ, of course.
The Sigma 70-200/2.8 (current model only -
Sigma 70-200mm f/2.8 EX DG APO OS HSM for Pentax 589109 B&H) is the only zoom lens that's consistently regarded as fast focusing on the K-5 sports thread here, so if you like the optical quality of this Sigma (and it fits your budget) it's easily your safest bet in a zoom.
The K200D is a great camera (I still use mine), so you might even try buying the lens first. Although I don't get quite as many shots in focus with it, I still get very many nice ones when I use a good lens.