Spurs reach one-year $14 million contract with Manu Ginobili; Sixers drove up price

Associated Press
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Can you imagine Manu Ginobili ending his career in a Sixers uniform?

Neither could the San Antonio Spurs — but they had to pay Ginobili a massive one-year, $14 million contract to have the legendary Argentinian finish his career in San Antonio. The two sides formally reached and signed a deal on Thursday, a story broken by Shams Charania of The Vertical at Yahoo Sports and since confirmed by the Spurs and Ginobili himself.

Here is the initial report:

Four-time NBA champion Manu Ginobili has signed a one-year, $14 million deal to return to the San Antonio Spurs, league sources told The Vertical.

Both sides had been discussing terms and completed the deal Thursday, sources said. Ginobili, 38, opted out of his $2.9 million contract in June to become a free agent.

Adrian Wojnarowski of The Vertical had the more interesting details.

The Spurs first offer to Ginobili was for a little more than $3 million. At the urging of coach Brett Brown — who had been an assistant with the Spurs — the Sixers offered Ginobili a two-year deal with at least $16 million guaranteed in the first season, Wojnarowski reports. The Spurs want veterans who know how to win in their young locker room. That forced the Spurs to up their offer — Ginobili would give the Spurs a hometown discount, but not a $13 million one. The Spurs got their man, but it’s part of the reason they couldn’t match the Piston’s offer sheet for Boban Marjanovic.

Ginobili does still bring value on the court as a playmaker off the bench. Last season he averaged 9.6 points and 3.1 assists per game, in what felt like a bounce-back season. Ginobili will play for Argentina this summer at the Rio Olympics.