A source tells InsideHoops.com editor Jeff Lenchiner that it’s “extremely likely” Damon Stoudamire will sign with the San Antonio Spurs.

Several media outlets reported Tuesday and Wednesday that San Antonio was an increasingly probable destination for the point guard, who became a free agent after a buyout agreement led to the Memphis Grizzlies waiving him. A source confirmed that to InsideHoops.com, and said late Wednesday night that Stoudamire to the Spurs is expected to happen unless a sudden surprise offer comes Damon’s way.