The San Antonio Spurs have reportedly come to contractual terms with Manu Ginobili—the 14-year veteran is returning on a one-year deal reportedly worth $14 million.
The Spurs had to increase their initial offer to Ginobili quite a bit after the Philadelphia Sixers attempted to lure him away.
Sources: Manu Ginobili agrees to one-year, $14 million deal with Spurs. @ShamsCharania report on @TheVertical. https://t.co/7h5y59OTjv
— The Vertical (@TheVertical) July 14, 2016
Ginobili has already committed to playing one more season; San Antonio must use up all of its cap space before exceeding the cap to ink Manu
— Marc Stein (@ESPNSteinLine) July 14, 2016
Philly's offer to Manu that forced San Antonio's hand, sources say, was a two-year pact at roughly $30 million (Year 2 partially guaranteed)
— Marc Stein (@ESPNSteinLine) July 14, 2016
Ginobili, 38, opted out of his $2.9 million contract in June to become a free agent.
Per Yahoo:
Ginobili’s return comes days after longtime teammate Tim Duncan announced his retirement after 19 seasons in the NBA.
Ginobili, a two-time All-Star and the 2008 NBA Sixth Man of the Year, returns to a Spurs team that added power forward/center Pau Gasol, a six-time All-Star, in free agency.
He has played his entire 14-year career with the Spurs, averaging 14 points, four assists, 3.7 assists and 1.4 steals per game. […] He averaged 9.6 points, 3.1 assists and 1.1 steals per game last season, helping San Antonio to a franchise-best 67 regular-season victories.
