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Spurs sign Tim Duncan to contract extension

Knicks forward Julius Randle speaks on 2OT win over Celtics
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Pacers sign Malcolm Brogdon to contract extension
Grizzlies sign Jaren Jackson Jr. to contract extension
Rockets add Garrison Mathews, waive Anthony Lamb
Spurs exercise contract options on Keldon Johnson and Devin Vassell
Hornets waive Wes Iwundu
Lakers sign Jay Huff to two-way contract
Celtics sign Brodric Thomas to two-way contract
Raptors waive forward Ishmail Wainright
Memphis Grizzlies waive Kris Dunn, David Stockton and Matthew Hurt
OKC Thunder waive Mamadi Diakite, Justin Jaworski and Oliver Sarr
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Timberwolves waive forward Vince Edwards
Orlando Magic waive Admiral Schofield, B.J. Johnson, Jeff Dowtin and Hassani Gravett
Utah Jazz waive forward Nino Johnson
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Sacramento Kings exercise contract option on Tyrese Haliburton
Dallas Mavericks sign Justin Jackson and E.J. Onu
Dallas Mavericks waive Carlik Jones, Feron Hunt and Tyrell Terry
Miami Heat waive DJ Stewart, Javonte Smart, Micah Potter and Dru Smith
Rockets sign Daishen Nix, waive Marcus Foster
Atlanta Hawks exercise contract options on De’Andre Hunter, Cam Reddish and Onyeka Okongwu
Timberwolves waive Brian Bowen II, Chris Silva, Matt Lewis and Isaiah Miller
Grizzlies sign David Stockton, waive Ahmad Caver
Kings waive forward Emanuel Terry
Timberwolves sign forward Vince Edwards
Lakers waive Joel Ayayi, Chaundee Brown Jr., Cameron Oliver and Trevelin Queen
Pelicans waive John Petty Jr.
Utah Jazz sign forward Nino Johnson
Utah Jazz waive Derrick Alston Jr., Marques Bolden and MaCio Teague
Charlotte Hornets waive Jalen Crutcher and Cameron McGriff
Rockets sign Armoni Brooks and Marcus Foster, waive Tyler Bey
Grizzlies sign Ahmad Caver and Matthew Hurt, waive Sean McDermott and Romeo Weems
Lakers waive guard Mac McClung



| Nov. 2, 2007

Spurs sign Tim Duncan to contract extensionThe San Antonio Spurs announced today that forward Tim Duncan has signed a multi-year contract extension. Per club policy terms of the contract were not announced. heard it's for two years but we haven't confirmed that, yet.

The 6-11 Duncan was selected by San Antonio with the first pick in the 1997 NBA Draft. In his 10 seasons, Duncan has led the Spurs to four NBA Championships. Over the 10-year span San Antonio has posted a 559-229 regular season record, giving the team a winning percentage of .709, which is the best winning percentage in all of professional sports over the last decade.

“Tim Duncan has established himself as one of the best players in NBA history,” said Spurs head coach Gregg Popovich. “Despite the individual accolades he has attained what makes him truly great is his dedication to his team. He is the ultimate teammate. He is an unselfish superstar who loves to compete and has only one goal when he steps on the court – to do whatever it takes to help his team win.”

The 31-year-old Duncan has captured the NBA’s MVP Award two times (2002 and 2003) and has earned NBA Finals MVP honors three times (1999, 2003, 2005). He is the only player in NBA history to be named to both an All-NBA Team and an All-Defensive Team in each of his first 10 seasons. The 1998 Rookie of the Year, Duncan has been an NBA All-Star nine times and has been named the NBA Player of the Week 18 times over the course of his career.

In 746 regular season games Duncan has averaged 21.8 points, 11.9 rebounds, 3.2 assists and 2.47 blocks in 37.5 minutes. Among active players he ranks ninth in points (with 16,288), fourth in rebounds (8,866) and fourth in blocks (1,840). Duncan has appeared in 138 playoff games, averaging 23.8 points, 12.5 rebounds, 3.5 assists and 2.75 blocks in 40.1 minutes in the postseason. In postseason action, among active players, he ranks second in playoff points (with 3,282), second in rebounds (1,728) and second in blocks (380).

“This is an exciting day for all of us in the Spurs family,” said Spurs owner Peter Holt. “We are all grateful to Tim Duncan for the leadership and dedication he has shown to the Spurs franchise. He has had a tremendous impact in our community – for his efforts on and off the court – and I’m thrilled that he’ll spend his entire career as a San Antonio Spur.”

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