Report: Tim Duncan Unlikely to Opt Out of Contract

by June 28, 2011
12


According to the Express-News‘ sources, Tim Duncan isn’t interested in becoming a free agent this summer. Wise choice considering the amount of scratch owed to him: “Tim Duncan is not expected to opt out of the final year of his contract, and the Spurs don’t plan to offer him an extension before the collective bargaining agreement expires Thursday, according to a source familiar with talks between the team and the franchise icon. As such, Duncan will play out the final year of his existing deal, during which he is scheduled to earn $21.2 million, and remains on track to become a free agent after the 2011-12 campaign. Duncan also faces a Thursday deadline to exercise an early-termination option. His apparent decision not to do so is not surprising in light of the league’s unsure labor climate. With a contentious fight broiling between the NBA’s owners and players’ union this summer, and with so much uncertainty still surrounding the next CBA, Duncan has apparently determined it is in his best interest to stand pat on what, at age 35, is likely to be his last high-dollar payday.”