The San Antonio Spurs announced Wednesday that forward Rudy Gay has re-signed with the team.
According to a report from Shams Charania at Yahoo Sports, Gay's new contract with the San Antonio Spurs is for a one year and $10 million. The Spurs did not confirm the terms of the deal in Wednesday's announcement.
Gay signed a two-year deal last season but opted out of the final year of the deal and now we know it’s because he wanted to make more money.
Gay is one of three players in the NBA, along with LeBron James and Russell Westbrook, to record at least 14,000 points, 4,000 rebounds and 1,000 steals since he was drafted in 2006, according to the Spurs.
What’s surprising is that his new deal is only for one year and he’s only making about $1.5 million more than he would’ve if he’d just opted in to the last year of his contract.
The move is great for the Spurs. If they end up trading away Kawhi Leonard, Gay could be in position to start or play behind another player they bring in from free agency.
By the time Gay was fully healed from the Achilles injury he was recovering from almost all of last season, he was in great position to take over stretches of games with his versatile offense while not giving anything up on the defensive end.
Gay is betting on himself and helping the Spurs out too. At the end of next season, the Spurs will have $20 million coming off the books between his contract and Danny Green’s, putting all parties in position to have money to work with the following season.
