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MavsFanFinley
10-29-2007, 11:27 PM
Duncan will take less than maximum salary

By Johnny Ludden, Yahoo! Sports
October 29, 2007

With NBA commissioner David Stern set to present Tim Duncan his fourth championship ring on Tuesday, the Spurs forward has made it clear he has no plans to leave the court – or San Antonio – anytime soon.

Duncan has reached agreement with the Spurs on a two-year, $40 million extension that figures to give the team enough salary-cap flexibility to continue to surround him with a competitive supporting cast in the waning seasons of his career, two sources with knowledge of the deal said Monday.

By signing the extension, which is expected to be finalized within the next few days, Duncan forfeits his option to become a free agent after this season. He will now be under contract with the Spurs until the summer of 2012.

The extension hardly comes as a surprise. Duncan, 31, said prior to last season’s NBA Finals he felt as healthy as he’s been in years and hoped to continue playing “as long as I can.”

But what is notable about the deal are the terms: Though Duncan is eligible to receive a two-year extension worth about $51 million under the NBA’s collective bargaining agreement, he agreed to nearly $11 million less because it could potentially afford the Spurs greater flexibility to pursue free agents after the 2009-10 season.

Duncan and his agent, Lon Babby, met with Spurs coach Gregg Popovich and general manager R.C. Buford at Popovich’s house prior to the start of training camp. Well aware of Duncan’s value to franchise – the Spurs likely would not be in San Antonio had he not guided them to their first title in 1999 – Popovich and Buford presented him with a maximum offer during the meeting. But they also made a detailed presentation of their plans for the team’s long-term future and showed Duncan the possible impact of his accepting a lesser extension.

After a few weeks of deliberation, Duncan agreed to the $40 million extension. He will make $22.2 million in the final year of his current contract, with his salary dropping to about $18.7 million in the first year of the extension.

Duncan will be 34 when the extension begins. Tony Parker is the only other player currently scheduled to be under contract following the 2009-10 season, but the Spurs also will be in position to re-sign their third star, Manu Ginobili, that summer if they want.

The Spurs also are expected to eventually extend Popovich’s contract to coincide with that of Duncan.

mqywaaah
10-30-2007, 04:13 AM
Awww.. phtew!

MavsX
10-30-2007, 06:58 AM
son of a bitch!

mary
10-30-2007, 09:14 AM
Tim Duncan is a good man. Not everyone would leave 11 million dollars sitting on the table.

MavsFanFinley
10-30-2007, 10:42 AM
Tim Duncan is a good man. Not everyone would leave 11 million dollars sitting on the table.

That's what I was thinking. The guy has won 4 championships and could totally cash in at the end of his career. Some guys really are about winning.

Dirkenstien
10-30-2007, 11:18 AM
High character guy. Walks it.

DOMINATOR
10-30-2007, 01:51 PM
class act. the admiral taught him well.

DirkFTW
10-30-2007, 02:29 PM
The Mavs were never in the Tim Duncan race in the first place.

DelNegro
10-30-2007, 02:40 PM
The Mavs were never in the Tim Duncan race in the first place.

Not even during the 96-97 season?

Spurs 20-62
Mavs 24-58