It's not a formality.
Do you realize that if Spurs don't like Mahinmi or think that he sin't worth a first round pick contract, they can renounce to his nba rights ?
You had to choose : either you like a player and offer him a contract or you don't like a player and you let him free to sign with another team. You can't have both.
And before using the bad faith tag, think at that : if Mahinmi has tomorrow a carreer ending injury, he won't earn his nba contract money. By staying in europe for two years, he has taken the risk to lose a lot of money.

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