Manu to sign extension

[2Cleva]

WojYahooNBA

Y! Sources: Manu Ginobili is near agreement on a three year, $40 million contract extension with Spurs. http://tinyurl.com/yek8mnv

[thispego]

Sweet

[jjktkk]

Oustanding news!

[urunobili]

10 mill a year fourth partially guaranteed?

[ohmwrecker]

This is the first time I have ever been happy after reading a post by a Lakers fan.

[Pentagruel]

Wow, that's great to hear. Furthermore that deal sounds very reasonable from a Spurs point of view as well.

[silverbora]

yes!

[in2deep]

Ginobili, Spurs close on 3-year extension

By Johnny Ludden and Adrian Wojnarowski, Yahoo! Sports 20 minutes ago


Manu Ginobili(notes) and the San Antonio Spurs are close to reaching agreement on a three-year extension that would keep the guard from entering this summer’s heralded free-agent market, league sources told Yahoo! Sports.
There are still a couple of significant issues to be resolved within the next 24 to 48 hours, but the two sides have established the framework of the extension – which could be a worth a total of up to $40 million over the three years – and think the deal could be completed by the end of the week. Ginobili’s agent, Herb Rudoy, is expected to meet with Spurs officials after the team returns from Phoenix Thursday morning.

Spurs chairman Peter Holt made it clear he wanted to re-sign Ginobili, even though the small-market team is expected to pay a luxury tax of about $10 million this season.

[urunobili]

I am a little surprised the value is over 30 million though.

Agreed. Though he'd get paid that or more in the free agency if he countinues to play like this PLUS, the Argentinian press already announced he will be saying no to Turkey in 15 days.

Only way that changes is if the Spurs wins it all

[Johnny RIngo]

Seems expensive for a player his age, but if he can stay injury-free, he's more than worth it.

[usckk]

Wow, this is great news with the way he is playing now! But are any of you all worried that he will revert back to the bad-Manu in the beginning of the season and with he long history of injury issues?

[spurs_2108]

Amen.

[urunobili]

oh BTW... CROFL Vander, CROFL ducks, CROFL rascal, CROFL TD21

[FvckMavs]

great news! I hope he will not play in WC this summer.

[Mel_13]

An extension of approximately 3yrs/40m would represent the maximum amount that the Spurs could pay Manu in a 3yr extension.

Good for Manu.

Good for the Spurs.

Good for fans of the San Antonio Spurs.

[GINNNNNNNNNNNNOBILI]

Over paying a tad bit... but oh well

[urunobili]

in Addition to his soon to be made resignation of playing in Turkey... it seems he bargained not playing this year versus playing in the qualifying tournament for London and the Olympics themselves

[Mel_13]

Oh, thanks to 2Cleva for posting.

[Gooshie]

Even though it's a little pricey, I don't care. If Manu bolted, then the last 2 years of Timmy would have been a waste. Therefore, this is GREAT news.

[Muser]

Over paying a tad bit... but oh well

Considering he's been underpaid all his career i'd say it's fair.

[Frenzy]

*crosses fingers*


stay healthy manu!

[Libri]

Excellent news.

Yahoo Sports with breaking Spurs news again.

[Muser]

And yeah! Best news of the season.

[coyotes_geek]

You could make the case that in the early years of Manu's current contract he was underpaid, so I don't have a big problem with the extension including some "make-up" dollars. Also, I wouldn't be surprised to see that 3rd year have some unguaranteed cash in it. Good move by the Spurs to get this done before the playoffs. Sure would have sucked to have Manu lead the Spurs on a better than expected playoff run and then have to resign him on an open free agent market.

[dastrey]

Great news. Had he not resigned, there would be a few teams in the summer desperate enough to give him 4 years.