Tony Parker signs multi-year extension with the Spurs


Tony Parker is going to stay a Spur.

Parker has signed a four year, $50 million deal to remain with San Antonio.

Parker is in his 10th NBA season but is just 28 years old. The point guard has been part of the core of the Spurs title teams, but there was speculation that he might be traded or allowed to leave at the end of this deal if the Spurs decided to rebuild in a post-Duncan era. There were rumors of him ending up in New York to run Mike D’Antoni’s offense.

Apparently not. This will keep the Big 3 of the Spurs together through next season, at least. They are going to stick with this group a couple more years, even if it seems younger teams like Oklahoma City have passed them by. This signing also removes a potential distraction from this season (although the Spurs rarely let such things bother them). Parker spoke to the Express-News after Saturday shoot around.

“I’m very happy to be a Spur,” Parker, a three-time All-Star and MVP of the 2007 NBA Finals, said after this morning’s shootaround. “I always said I wanted to stay in San Antonio. It’s my home.”

“I didn’t mind playing through the year,” Parker said. “But it’s great to have security,  and not go through a whole season worried if I get hurt or if I play bad. Now I can just focus on  the team and hopefully have a great season and win a lot of games.”

“We are thrilled that Tony has signed a long-term contract extension,” said Spurs Head Coach Gregg Popovich in a released statement. “He has enjoyed an outstanding NBA career. With all that he has accomplished it is easy to forget that he is only 28-years-old. Tony is a unique talent and a wonderful young man.”