Blackjack
04-09-2010, 11:45 AM
No Manu, No renew? No problem. Manu Ginobili signs extension with the San Antonio Spurs
by Jesse Blanchard
http://www.nba.com/media/manuemotion_300_070518.jpg
Elusive as he’s been on the court since March, it was in the San Antonio Spurs best interests to lock up Manu Ginobili before he was allowed to euro step his way through free agency, lest he escape the Spurs like so many would be defenders.
The soon-to-be 33-year old Argentine guard signed a three year contract extension. The Spurs, sticking with their policy of not disclosing such details, did not comment on the contract’s worth. But Jeff McDonald of the Express News is reporting a deal worth $38.9 million for Ginobili.
The deal, which includes a trade kicker, is scheduled to pay Ginobili approximately $11.8 million next season, $12.9 million in 2011-12 and $14.1 million in 2012-13. It is a hefty but necessary toll for a player who will be 36 at deal’s end, especially in light of the $10 million luxury tax bill the Spurs have coming due this summer.
This extension probably ensures that Ginobili finishes his career with the Spurs–or at least the last of his best years.
Keep reading → (http://www.48minutesofhell.com/2010/04/09/no-manu-no-renew-no-problem-manu-ginobili-signs-extension-with-the-san-antonio-spurs/#more-7404)
by Jesse Blanchard
http://www.nba.com/media/manuemotion_300_070518.jpg
Elusive as he’s been on the court since March, it was in the San Antonio Spurs best interests to lock up Manu Ginobili before he was allowed to euro step his way through free agency, lest he escape the Spurs like so many would be defenders.
The soon-to-be 33-year old Argentine guard signed a three year contract extension. The Spurs, sticking with their policy of not disclosing such details, did not comment on the contract’s worth. But Jeff McDonald of the Express News is reporting a deal worth $38.9 million for Ginobili.
The deal, which includes a trade kicker, is scheduled to pay Ginobili approximately $11.8 million next season, $12.9 million in 2011-12 and $14.1 million in 2012-13. It is a hefty but necessary toll for a player who will be 36 at deal’s end, especially in light of the $10 million luxury tax bill the Spurs have coming due this summer.
This extension probably ensures that Ginobili finishes his career with the Spurs–or at least the last of his best years.
Keep reading → (http://www.48minutesofhell.com/2010/04/09/no-manu-no-renew-no-problem-manu-ginobili-signs-extension-with-the-san-antonio-spurs/#more-7404)