FRIDAY, 7:08pm: The Spurs have issued a press release announcing the deal is official.
TUESDAY, 8:28am: The Spurs haven’t made an official announcement, but the signing has taken place, as the RealGM transactions log shows.
1:38pm: It’s a one-year deal, agent Misko Raznatovic tells Pick (Twitter link).
FRIDAY, 1:09pm: The Spurs and All-Euroleague First Team center Boban Marjanovic have a deal, reports David Pick of Eurobasket.com (Twitter links). The Serbian who turns 27 in August has blossomed overseas since going undrafted in 2010.
Marjanovic spent the past season with KK Crvena Zvezda in his home country, averaging 13.1 points and 8.6 rebounds in 22.4 minutes per game. His size is an asset, as he’s variously listed at either 7’3″ or 7’4″. Still, he posted only 0.9 blocks per contest this year, though that might be because few dare to challenge him at the rim.
Financial terms are unclear for the BeoBasket client, though San Antonio appears to have exhausted its cap room, and the room exception seems ticketed for Manu Ginobili. That would leave only the rookie minimum salary of $525,093 for Marjanovic unless the Spurs can make more cap-clearing moves.