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Report: Duncan to opt into final year of contract with Spurs

After a report earlier was released suggesting San Antonio Spurs forward Tim Duncan was thinking about opting out of his $10.3 million dollar contract for the 2014-2015 NBA season, Yahoo! Sports’ Adrian Wojnarowski is now reporting Duncan has decided to opt into the final year of the deal.

As Wojnarowski indicates, after this next season, Duncan will revisit his options next summer to either continue playing, or possibly retire from basketball. With Duncan playing in the final year of his contract, he’ll conclude next season at the age of 39.

With Duncan opting in, and if the Spurs extend a qualifying offer to Aron Baynes, and San Antonio decides to hold onto Austin Daye, the Spurs’ payroll stands close to $54.9 million. According to CBA guru Larry Coon, the salary cap for the 2014-15 NBA season is expected to be close to $63.2 million, meaning the Spurs would have close to $8.3 million in cap space, but San Antonio also has a $1.5 million trade exception per BasketballInsiders.com, as well as either the full Mid-Level Exception ($5.3 million), or Bi-Annual exception ($2 million) according to Eric Pincus of BasketballInsiders.com.

Whatever cap room the Spurs do end up having, they’ll likely look at re-signing Boris Diaw and Patty Mills, integral parts to their championship run, as both players will become unrestricted free agents on July 1. When using the win shares metric from Basketball-Reference.com, both Diaw and Mills could be worth somewhere between the $6-8 million dollar range, though teams cannot begin negotiations until July 1.

If you are a Spurs fan, enjoy this coming season, as it could very well be Duncan’s last.

Paul Garcia

About Paul Garcia

Paul is a San Antonio Spurs credentialed media member for Project Spurs. He covered the 2013 NBA All-Star Game in Houston, TX, and the 2013 and 2014 NBA Finals. Paul has been featured on WOAI, Fox 29, and numerous nationwide radio shows.

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