Tony Parker, Spurs Agree to Four Years, $50M

Once a Spur, always a Spur. Although TP was rumored to be interested in the Knicks, his loyalties were always in San Antonio. From the San Antonio Express-News: “For the better part of six months, Spurs point guard Tony Parker rode the trade-rumor carousel. With a contract set to expire after the 2010-11 season, he had been linked through several New York tabloids to potential deals with the Knicks. The ride, Parker admitted, was growing tiresome. On Saturday, just hours before the Spurs were to face New Orleans in their second game of the season, Parker took himself off the market. Parker and the Spurs have agreed to a multi-year contract extension that will pay him $50 million over four years. Suffice it to say the Spurs’ Big Three of Parker, Tim Duncan and Manu Ginobili — the team’s core for eight seasons and three championships — will remain intact for the foreseeable future.”