July 24: The signing is official, according to a team press release. The deal will be for $48MM over three seasons with the final year’s salary being partially guaranteed, Adrian Wojnarowski of ESPN.com reports (ESPN Now link)
July 21: Veteran center Pau Gasol has agreed to a three-year contract with the Spurs, Adrian Wojnarowski of ESPN.com reports. The third year will be partially guaranteed, Wojnarowski adds.
Gasol opted out of the final year of his contract this summer but was expected all along to rejoin the Spurs. Gasol, 37, left $16.2MM on the table when he made that decision but he wanted to facilitate the team’s offseason.
The tradeoff was getting a couple more years of security. That helped the Spurs sign several free agents, including Rudy Gay.
Gasol played a lesser role last seson for San Antonio than he had for other clubs. However, he remained efficient when he did play. Averaging a career-low 25.4 minutes per game, the Spaniard chipped in 12.4 PPG, 7.8 RPG, and 1.1 BPG. He also developed into a three-point shooter, shooting an eye-popping 53.8% from outside, with 0.9 threes per game.