Spurs sign Tony Parker to contract extension

The San Antonio Spurs today announced that guard Tony Parker has signed a multi-year contract extension. Per club policy details of the contract were not announced. The San Antonio Express-News reports that the deal is for $50 million over four years.

“We are thrilled that Tony has signed a long-term contract extension,” said Spurs Head Coach Gregg Popovich. “He has enjoyed an outstanding NBA career. With all that he has accomplished it is easy to forget that he is only 28-years-old. Tony is a unique talent and a wonderful young man.”

A three-time All-Star (2006, 2007 and 2009), Parker is currently in his 10th NBA season.

Selected by the Spurs with the 28th pick in the first round of the 2001 NBA Draft, Parker has been the team’s starting point guard since the fifth game of the 2001-02 season. A month before his 20th birthday he was named to the 2002 All-Rookie First Team becoming the first foreign-born guard to earn the honor.

Parker was the starting point guard on three of the Spurs NBA Championship teams (2003, 2005 and 2007). During the team’s latest championship run, he was named the MVP of the 2007 NBA Finals. He is the only European-born player to be named an NBA Finals MVP.

During the 2005-06 season Parker led the team in both scoring and assists, becoming the first point guard in Spurs history to lead the team in scoring. For the season he averaged 18.9 points and 5.8 assists while shooting .548 (623-1,136) from the field. He ranked third in the league in FG percentage (the first time since 1973-74 that a point guard ranked in the top three in FG percentage).

Parker again made history during the 2008-09 campaign when he was named to the All-NBA Third Team, becoming the first European-born point guard to earn All-NBA honors. For the season he averaged a career-high 22.0 points and a career-best 6.9 assists.

In his 10-year NBA career Parker has appeared in a total of 669 regular season games, averaging 16.6 points and 5.7 assists per game. Among Spurs all-time NBA leaders he ranks fifth in games played (669), fourth in points (11,133) and third in assists (3,781). He has seen action in 132 playoff games, averaging 18.7 points and 4.9 assists in the postseason. Among active NBA playoff career leaders he ranks eighth in games (132), seventh in points (2,473) and fifth in assists (651).


San Antonio Spurs Tony Parker takes a foul shot in the second half against the Phoenix Suns in Game 1 of the second round of the NBA Western Conference Playoffs at the US Airways Center, in Phoenix, AZ, May 3,2010. The Suns defeated the Spurs 111-102 to take a 1-0 series lead. UPI/Art Foxall Photo via Newscom