Re: San Antonio Spurs: For Old Time Sake | 2k13 Association
November 2, 2012
Manu Ginobili's Contract
Starting shooting guard Manu Ginobili of the San Antonio Spurs spoke yesterday about his contract situation, as well as his future in the NBA.
Just one day after a 123-121 victory in overtime over the Oklahoma City Thunder, Ginobili announced his contract is to be extended by 1 year by the Spurs organization.
"We shook hands on it early this morning. I love the San Antonio fans and I love the Spurs. I've been interested in getting this done and now it's being set in stone." Ginobili said.
The extension is substantially smaller than what he is currently receiving. This year the 11 year veteran is set to make $14.11 million, while the extension is said to be closer to $5.0 million.
"Looking ahead into the future I want to allow the front office to have more leeway in the upcoming off-season. We both agreed that this is a fair price."
The estimated near $10.0 million cut will surely give the Spurs money to operate with. As of now the Spurs salary in 2013-14 is $36.54 million. With the salary cap set to be around $60.0 million, that leaves close to $23.50 million in cap room. This number will be different by then, as both Matt Bonner and Patrick Mills have team options in 2013-14, while Boris Diaw has a player option.
"We've got a lot to decide leading up to the next off-season and during. I always have to look ahead but the way things pan out during the regular- and post-season really affects these things. I'm very happy to have Ginobili on board another year." R.C. Buford, G.M. of the Spurs said.
As the Spurs are only 2 games into the 82 game season, the phrase "upcoming offseason" seems a bit strange, but this foresight is what helped San Antonio be a dynasty since the arrival of Tim Duncan.
This extension guarantees the Big Three of Ginobili, Parker, and Duncan to be together at least one more year, provided no trades or retirements occur.
"As of now I think I'll have to retire after the 2014 season, but that decision is a ways away yet. It all depends how I'm playing and how my body is doing." Manu spoke when asked about retirement.
Knowing he has another year of guaranteed money, Manu Ginobili will hope to defeat the Utah Jazz tomorrow.