As expected, the Spurs have waived retired guard Manu Ginobili, tweets Shams Charania of The Athletic. The move is a formality in order to reach the regular season roster limit.
Although Ginobili announced his retirement in August, he had one final year on his contract with San Antonio and technically remained a member of the team until today. Like they did with Tim Duncan when he retired, the Spurs released Ginobili and will pay him for one final season following his decision to call it a career. The longtime Spur will count for $2.5MM against the team’s cap in 2018/19.
San Antonio now has 15 players on standard contracts and one more on a two-way deal, so the team is all set to start the season. It will be interesting to see if the Spurs use that second two-way contract slot in order to add some point guard depth in the coming days.
You can check out our full story on Ginobili’s retirement from August right here.
I don’t know why they waited this long to waive him. Just for old times sakes, or maybe they were holding out a slimmer of hope he would come back. Either way it’s sad to see it officially be over.
So they can officially give him $2.5M without having to play as it counts against the roster. It’s in the article.
You’re right, my bad. Must have skimmed over that part.