Spurs sign Manu Ginobili to contract extension

The San Antonio Spurs announced today that guard Manu Ginobili has signed a multi-year contract extension. Per club policy terms of the contract were not announced.

According to CBS Sports, “Ginobili, 32, will make $11.8 million in 2010-11, $12.9 million in ‘11-12 and $14.1 million in the final year of the deal, bringing the total to more than $38,8 million, sources said.”

The 6-6 Ginobili was selected by San Antonio with the 57th pick in the 1999 NBA Draft. In his eight seasons, Ginobili has helped navigate the Spurs to three NBA Championships. He and Bill Bradley are the only two players to win a NBA Championship, an Olympic gold medal and a Euroleague Championship.

“It is quite obvious how important Manu has been to our program,” said Spurs Head Coach Gregg Popovich.  “It is a great feeling to know that one of the best players in the world will continue to be a Spur.”

The 32-year-old Ginobili was the NBA’s Sixth Man of the Year in 2008.  That season he was also selected to the All-NBA Third Team, becoming the first South American – and first sixth man – to earn All-NBA honors.  Among active NBA players in playoff action Ginobili ranks eighth in three-pointers made (170), fifth in steals (148) and is tied for ninth in free throws made (478). An All-Star in 2005, he has also been named the NBA’s Player of the Week three times.

In 550 regular season games Ginobili has averaged 15.0 points, 4.0 rebounds, 3.7 assists and 1.51 steals in 27.8 minutes. He is the Spurs franchise leader in three-pointers made (801) and attempted (2,125) and is seventh all-time in points (8,232), eighth in assists (2,058) and fifth in steals (834). Ginobili has appeared in 107 playoff games and averaged 16.0 points, 4.8 rebounds, 3.5 assists and 1.38 steals in 32.9 minutes. On San Antonio’s all-time playoff leaders, he ranks first in three-pointers made (170) and attempted (447) and is fourth in points (1,710), third in rebounds (510), fourth in assists (378) and second in steals (148).

A member of the Argentinean National Team since 1998, Ginobili led Argentina to the gold medal in the 2004 Olympics after averaging 19.3 points, 4.0 rebounds, 3.3 assists and 1.38 steals in 29.9 minutes in eight games.  During the 2000-01 season he was named the MVP of both the Italian League and the Euroleague Finals as Virtus Bologna captured the title in both the Italian and Euroleague Championships.