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Tony Parker signs (another) contract extension with Spurs

Aug 1, 2014, 2:22 PM EDT

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Tony Parker free agency rumors will have to wait.


Parker signed a rookie-scale contract in 2001, a six-year, $66 million extension in 2004 and a four-year, $50 million extension in 2008. In 2015, he was set to become a free agent for the first time after making $12.5 million next season.

But, once again, the Spurs will keep him off the market.

Spurs team release:

The San Antonio Spurs today announced guard Tony Parker has signed a multi-year contract extension.

Adrian Wojnarowski of Yahoo Sports:

Parker’s maximum extension can be three years and $43,335,938 – $14,445,313 per season. It sounds as if he’ll get that full amount with Wojnarowski rounding up.

But even at that full price, keeping the 32-year-old Parker is a boon for the Spurs. When you’re contending, you don’t mess that up. That level is too hard to reach.

The Spurs will never, ever, ever go away. At one point, it seemed next season could be the last hurrah. The contracts of Tim Duncan and Manu Ginobili expire after the season, and so did Parker’s.

But now Parker will be back for more, and so will Gregg Popovich. If the Spurs keeps winning – and they’re among the 2014-15 favorites – will Duncan and Ginobili be tempted to re-up too?

  1. 4thquartermagic - Aug 1, 2014 at 2:26 PM

    If you think thats a lot of money, just wait until you see what they pay the Coyote.

    • spursareold - Aug 1, 2014 at 2:39 PM

      How can you put a value on rodents and ACME varmint snacks?

  2. spursareold - Aug 1, 2014 at 2:42 PM

    Good signing. I’d look for an uptick in his game next season, since he took the summer off from playing ball for France.

    • 22yearsagotoday - Aug 1, 2014 at 9:23 PM

      Viva El Spurs and France!

  3. au1978 - Aug 1, 2014 at 3:05 PM

    It’s a lot, but not as much as Chandler Parsons’ contract.

    • spursareold - Aug 1, 2014 at 3:23 PM

      That would make it a bargain, then, since TP is a 6 time All Star and a 4 time All NBA selection.

      • dablakdrphil - Aug 1, 2014 at 6:01 PM

        And 4 time NBA Champion, Parsons hasn’t accomplished anything to warrant that kind of money but we shall see this upcoming season

  4. twinfan24 - Aug 1, 2014 at 5:54 PM

    Comparatively speaking, a solid deal for Parker and the team. As far as Duncan, I wouldn’t be surprised to see him reach a point where he just goes to a string of one year deals if he keeps playing. It may not happen, but would it surprise anyone if it did?

  5. robigd - Aug 1, 2014 at 6:00 PM

    If Parker keeps developing that 3 this summer, he will be absolutely frightening to face.

    • spursareold - Aug 1, 2014 at 6:22 PM

      He’s shot 35% and 37% for the last two years. It’s good as a change of pace, and it should allow him to age a little more gracefully, opening up driving lanes once his quickness starts to go.

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