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Congratulations Tony. You have put up with a lot of bs leading up to this signing and you're worth every dime of the contract without a doubt. Have a great season and more power to you.
Hopefully TP will focus on basketball during the next Spurs game
Congratulations Tony. You have put up with a lot of bs leading up to this signing and you're worth every dime of the contract without a doubt. Have a great season and more power to you.
$ 12 M a year for four years is just about right. I'm fine with this. If it was anything close to a max contract over 5 years that would have been a different story
I'm amazed how every thread turns into an RJ pissing contest. It's like Scola 2.0.
I heard about Tony's contract earlier today and it's pretty unbelievable. I always hoped he would resign but i assumed we wouldn't hear anything till much later in the season. of a deal.
I wonder if the Spurs think they can turn Hill into a full time SG. He's too talented to be a backup PG, yet he's just not built for the starting PG spot. I really hope they keep Hill around, because you know if he sees quality (starting) minutes with another team he's gonna blow up.
I'm impressed, to me this says a lot of what kind of person and player tp is. too bad people will still when he plays for his nt
I think Tony took less money than he might have gotten someplace else because:
-he appreciates being on a quality team that is the best run and coached in the league;
-he's still gonna make a ton of money $50 million isnt chickenfeed;
-no Texas income taxes;
-wife is from SA;
-big new house in SA and moving is a huge pain in the ass for anybody;
-SA likes to keep good players around long term, David, Tim and Manu will retire as Spurs and Tony might want to as well;
- good teammates and not a pressure cooker media town where the press follows your every move and you can kick back with your family.
Do we know any increment for Parker if he is traded?
I guess, down the road, Parker will be traded and hence he will get increment from the extended contract. Maybe SPURS and Parker both acknowledged the occurence of this scenario and Parker could be in the driver seat to determine which team will be his final destination by accepting the existing contract. Anyway, this should be the last year that the big 3 will play together. If the downward trend continues (which looks like so with the slipping defense), then SPURS should consider to have a more significant restructuring
This might sound cynical, but TP signiing an extention, makes him better trade value for the Spurs. Now if Chris Paul wants out, and TP was available, guaranteed the Hornets would trade Chris for TP in a second
It didn't lake long to haters to find a new talk. It will en now "with Parker locked on a reasonable contract until 2015, he has a nice trade value".
Klaus Kinski makes a good point. I have to agree
Some TP's quote from today french newspaper:
"With a new CBA coming, I didn't want to take some risks. I wanted to reach an agreement with San Antonio. A new contract that was fine for me and that will allowed us to sign new players in the future."
"I could have tried to get a little more but you had to be realistic. With the new CBA, Salaries won't be as high."
"Off course, it's cute to thing at New York, but when you weight the pro and the cons, San Antonio, it's my home. I'm happy to continue my career with them."
It's nice to see Parker taking the same road as Duncan and not trying to milk Spurs until the last dollar to keep the team compe ive. With a good season, Parker could have easily get a $60M extension later this year.
It's also noteworthy that Parker talked about FNT when he signed that new contract. Playing for his NT was surely part of the equation and Parker agreed to take less money provided Spurs didn't bothered him during summers.
This is awesome news! What a deal. Thankyou tony, I hope the xenophobe haters start believing. The FO hit a home run.
Eva is from corpus christi. Eva is from corpus christi. Eva is from corpus christi.
That is an amazing deal for the Spurs. I had a feeling that Tony was here to stay, but getting it done this early and for that price is surprising. Tony has really stepped up and said the team is the most important during this most lucrative part in his career.
Last night game made me realise that thanks to this early extention gives Pop more "flexibility" in his coaching!
I mean, had Tony not sign his extention yet, he would have to prove every game his value and take care of his stats (that are used to value a player by the media and the "bb world").
Given the respect the spurs have for Tony, had they not made their decision yet, they would have had to let Tony "showcase" himself so that he could eventualy get a contract elsewhere or made him "attractive" for a trade.
My point is that, even if benching Tony in the 4th was the thing to do, it would have been hard for Pop (even him) to "humiliate" his allstar that way, it would have caused a lot of talks in the media, the fans...
Well, I think they made an offer that was great for them and TP accepted. There really isn't much risk in that.
They were probably betting, much like they did against Manu, that if they sign him early, they would end up paying less. Except with Manu they waited (as they should have), and they lost the gamble because Manu freaked out.
TP was less risky (health wise) than Manu, so there was a greater chance imo that TP would up his value as the season went on. So the Spurs put out an offer and it was accepted.
I not sur the Spurs waited that long to offer Manu his extention, or if Manu just didn't accept their first offers...
In a way, Manu was in a much more comfortable situation last year, even if he had to prove he was in a good shape, he knew that big money would be available last summer...
Tony's situation is a bit different...
Last edited by Pauleta14; 10-31-2010 at 02:19 PM.
I give Parker credit, his NT and his conviction to stay here were very important to him and he followed that. I had him pegged for Hollywood before but that was wrong. Since he's still under 30 it was a great deal for the team, but I wonder what will happen with cap flexibility once TD's contract is up. He's still a productive NBA big but no longer dominant, and what they work out with him for another couple of years after next season will be interesting.
Monday Musings: Spurs commit to core
Zach Lowe
The Point Forward
SI.com
The Spurs answered one of the season’s simmering questions by signing Tony Parker to a four-year, $50 million contract over the weekend. The deal removes Parker from the 2011 free-agent market and ensures that San Antonio’s core will have two more seasons to chase a le, assuming Tim Duncan does not choose to terminate the final year of his contract and become a free agent after this season.
In this sense, the Spurs have made the clichéd comparisons with the Celtics even easier: Both are built for le contention over the next two seasons, with the future after that uncertain.
The Spurs, though, have given themselves a much higher degree of post-2012 certainty than the Celtics. And that certainty, for now, is built around Parker, Richard Jefferson and the team’s young contributors: George Hill, DeJuan Blair, Tiago Splitter and James Anderson. The Spurs have made the playoffs every season since drafting Duncan, and this core is probably good enough to continue that streak through at least the 2012-13 season.
But is it good enough to keep the NBA’s model franchise in le contention once Duncan is gone? After all, that’s the goal in San Antonio, right? After four championships, there can’t be much interest in winning 48 games and jostling for the No. 7 seed every season.
Let’s start with Parker, who, as Tim Varner at 48 Minutes of noted, is actually taking a pay cut from his $13.5 million salary this season in this new deal; Parker will earn, on average, $12.5 million per season over the life of his extension.
Where does that put Parker in the point guard salary hierarchy?
For now, only five point guards will have a higher average annual salary starting in 2011-12:
1. Deron Williams ($17.1 million)
2. Chris Paul ($17.1 million)
3. Baron Davis ($14.3 million)
4. Chauncey Billups ($14.2 million, though only partially guaranteed)
5. Gilbert Arenas ($20.8 million), who is not really a point guard anymore
But of those players, only Arenas will make more than the $50 million Parker will be paid over the total length of his contract. In other words, the Spurs have made a huge commitment to a speed-based point guard who will be 32 when his new deal expires. The deal also means the Spurs will not have any significant cap space until after the 2012-2013 season, but also that they likely won’t have any lottery picks in that span, either. And lottery picks remain the easiest way to land a young star.
Keep Reading...
A great deal, for an all-star caliber player in his prime. I am pleased. Now let's hope Manu stays healthy and we'll have a solid back court for years to come.
NBA PM: The Truth Behind Extensions
By: Yannis Koutroupis
Hoopsworld
Better Get Paid Upfront: Imagine the kind of spending you would do if you had a credit card without a limit that you didn't have to payback fully. That's the kind of mentality NBA owners had while giving out several hundred million dollars in contracts and extensions these past few months.
Currently it looks like this summer's free agents, three members of the 2007 draft class (Kevin Durant, Joakim Noah and Al Horford), and San Antonio Spurs point guard Tony Parker made out quite nicely with very lucrative deals.
Their agreements have many speculating that the owners, who were complaining of record-setting losses not too long ago, are planning for little change if any at all in the new Collective Bargaining Areement. However, the opposite may be the case.
Owners have been giving out monster deals to lock up the players they covet knowing that they likely won't have to pay them the full value of the contract.
While looking for a reduction in future player's salaries and how they're computed, owners are also seeking anywhere from a 10-15% rollback of current player costs. So guys like Parker, Noah, Horford and Durant could lose out on good portion of the money that they think is headed their way if the owners get the cuts that they are seeking.
San Antonio Spurs majority owner Peter Holt has always preferred to stay under the luxury tax threshold, even while the team was on a streak of winning championships every other year. That's why it was quite surprising to see the team sign Parker to a four-year $50 million extension this weekend when they already has $21 million committed to Tim Duncan next year and $66 million to Richard Jefferson and Manu Ginobili through 2013. Next year Parker, Ginobili, Duncan and Jefferson will consume most of San Antonio's cap room.
Odds are that San Antonio would have lost Parker to a team in a bigger market like the New York Knicks or New Jersey Nets had they let him become an unrestricted free agent. They could have driven up the price to something that the Spurs would have had a lot of difficulty matching.
Rather than risking losing someone who is ready to take Duncan's place as the face of the franchise when he retires, the Spurs gave Parker an offer he couldn't refuse. The Spurs likely aren't in love with the implications the extension has on their current salary projections, but once a new CBA goes into effect they could be much more pleased with where they stand.
If the current CBA had a few more years left on it, the Spurs would likely be going into next season with George Hill as their starting point guard and Parker playing elsewhere.
From afar it may look like the owners aren't expecting much of a change, but the reality is they all seem to be counting on it. Otherwise they wouldn't be spending with such little concern about the future.
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