New deal on the way for Duncan with Spurs? (Update)
The 2012 free agency period is underway and to no one's surprise, the San Antonio Spurs haven't 
been one of the teams all over the rumor headlines. But, the most important signing for the Spurs this offseason will be re-signing future Hall-of-Famer Tim Duncan. According to ESPN's Marc Stein (just as free agency began), the Spurs and Duncan are sure to create a new deal, only there will be a timetable in place.
Spurs' fluid plan w/Spur For Life Tim Duncan: I'm told they'll pound out deal specifics & then finalize when timing meshes best w/other biz.
The Spurs are one of the best teams that handles their business out of the media's eye, and from what it sounds like in Stein's tweet, the Spurs will have a new deal in place with Duncan behind closed doors, but may not have a contract signed until the team has taken care of some of their other offseason priorities.
The priorities could include re-signing some of their current free agents (Boris Diaw, Danny Green, Patty Mills), negotiating with two of their European talents (Erazem Lorbek, Nando De Colo), possibly making some trades, or the Spurs might also have some free agents on their list that they'd like to pursue.
The real question is how much money will the Spurs offer Duncan in a new deal? Kevin Garnett and the Boston Celtics came to a new deal on Saturday that was worth 34 million for three seasons. The Spurs could also offer Duncan a deal in the 9-11 million dollar range, and possibly 1-2 years as well.
Update: Sunday evening July 1
Yahoo's Marc Spears is reporting the Spurs and Duncan are in the early stages of negotiating a new deal and he says the chances of Duncan signing elsewhere are almost impossible.
Spurs Tim Duncan having good contractual talks with SA about re-signing & its very unlikely he will consider another team, sources told Y!
No surprise since Tim Duncan previously told Yahoo! Sportsa' Johnny Ludden he will be a "Spur for life."
Free agents can't sign NBA contracts until July 11; the key is to look for word when the Spurs and Duncan will come to a verbal agreement on a new deal in the coming days, if it's released.
Follow Project Spurs throughout the summer as we'll be bringing you the latest Spurs news and rumors in free agency.
Tim Duncan is a rare and classic example of dignity, loyalty, and total class. He and the Spurs organization have given great testimony to what business and on-court production (mainly NBA titles) in the NBA can ideally be. American sports teams can you spell I-N-T-E-G-R-I-T-Y ???
There's no SUPPORT you guys mentioned will ever come to the Spurs. Unless someone is old, unathletic, one pasted his prime, and cheap guys. The Spurs financially are locked with 3 aged players, that's why they don't have capspaces chasing young stars. While TD and Manu are aging, TP cannot carry this team to the triumph. Just trade TP to get a young draftee to release some capspaces as well as bringing new building block here with Kawhi. The money we saved in TP's trade combined with the MLE then we can lure a big FA this or next year.
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I believe TD will work with the front office to get him additional support and then sign for what he has to in order for th team to get better!
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it sounds to me like tim is waiting to see what the spurs are able to do with other guys before he agrees to a deal. not because he isnt sure but because he wants to offer the spurs the most money he can to sign back onto the best team possible. in other words, if the spurs need 10 mil, he takes 11, if they need 12 then he takes 9 or what not. at this point i dont think he cares much about the money and while he isnt taking midlevel money (thought i would not put it past his humbleness) i think he will take what ever the spurs offer him.
dont rush tim, lets get some help and then get tim some money. i dont think he wats garnet money and i think signing garnett to that big a deal is silly. tim knows he isnt going to be worth 11 mil in 3 more seasons so front load it.
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@JohnAbney well even if they have a deal in principle, Tim can't sign til the 11th so it does give the time to talk to other players. If I remember Tim's last contract signing, he signed it right away just to have it over with. I think Tim will be more reasonable than KG but if the fo offers him a big contract I for one won't be upset if he signs it!
@spursfan80 @JohnAbney I will. That will only put off rebuilding not that I don't want him here but it would put a wrench in signing any big that is remotely useful if he signs for a huge contract. What's the point?
@JohnAbney @TitletownX4 @spursfan80 Well if business is run that way it favors us. And everybody wins.
@TitletownX4 @spursfan80 that is kind of my point, tim IMO is going to wait until the spurs have done most of their signing and then he will agree to what ever money is left over.
