The Spurs are engaged in "serious talks" with unrestricted free agent Marco Belinelli, reports Adrian Wojnarowski of Yahoo! Sports (via Twitter).
Belinelli is coming off a one-year deal with the Bulls, having averaged 9.6 PPG while shooting 35.7% on three-pointers in 2012/13. The 27-year-old signed for the bi-annual exception last summer, and figures to be in the market for a mid-level-type deal this time around.
Having reached agreements to bring back Tiago Splitter and Manu Ginobili, the Spurs almost certainly won't have any cap space available during the offseason, but the club should have its full $5.15MM mid-level exception. San Antonio is likely discussing a deal for Belinelli that would use that MLE, though perhaps not the entire thing — the Spurs could break up that exception and use the $5.15MM to sign multiple players, if they so choose.
According to Wojnarowski (via Twitter), if the Spurs aren't able to reach an agerement with Belinelli, the club still plans to re-sign its own free agent guard, Gary Neal.
This post was first published on July 4th at 2:27pm CST.