San Antonio is finalizing a five year, $45 million contract extension for center Tiago Splitter, league sources tell Y! Sports.— Adrian Wojnarowski (@WojYahooNBA) July 2, 2013
Wojnarowski later corrected that the deal was actually a four year, $36 million deal, which basically means they can now lock Kawhi Leonard up for five years when his contract is up.
ESPN's Marc Stein initially reported the Spurs and Splitter were headed towards a deal. The fact that it's a four year deal is a little surprising, but if you've paid attention to what starting centers have signed for over the past few years, this number is right in line with everyone else's. Last year, Omer Asik signed a three year, $25 million deal with the Houston Rockets, which averages out at $8 million a year. Given Splitter's productivity last season, an average of $9 million a year makes complete sense.
Wojnarowski added their were rumblings about Portland extending an offer sheet to Splitter which may have sped up the contract negotiations. Despite his short comings against more athletic teams, Splitter was incredibly important against the Los Angees Lakers and Memphis Grizzlies in the first round and Western Conference Finals. His work with Tim Duncan on the inside also helped the Spurs become one of the best defensive teams in the league.
The length of the contract is a little startling, but the money isn't. This is the price you pay for productive 7-footers in the league.
Give Tiago a chance. He might play like a man possessed(Like Hakeem of 1994-95) with this new $36m contract.
Haters just don't realize that only frontcourt guy that can play the complex pick and roll game of the team is TSplit. Even if we sign big name free agents on the market, that player would still play limited minutes and would have to acclimitze himself to the system first. If we want to get back and that 5th title for TD. the road starts with a TSplit signing. Every year his stats gets better. I don't see that trend stopping. A bargain at 9 mil. As mentioned, We'll have the money to resign Kawhi once his contract expires.
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In Larry Coon's NBA Salary FAQ, he provides an example of what a 4 year $36 million salary might look like. Tiago's salary probably won't start at the exact level this one does and may have 7.5% annual raises instead of the 4.5% annual raise this example assumes from year 1 to year 2 but it gives you an idea of how the contract could be substantially back end loaded to get to the average salary of $9 million in the final two years of the contract.
In addition, according to Larry Coon's NBA Salary FAQ above, "Typically a salary can decrease by the same amount it can increase. For example, since the Larry Bird exception limits raises to 7.5% of the first-year salary, the salary may also decrease by up to 7.5% of the first-year salary". This means if the Spurs want to start Manu's salary at substantially less than what he made last year, they would first have to renounce his rights which would cause them to give up the Larry Bird exception but by doing so, free up the Spurs to start him at whatever level they want to. Just like they did with Tim last year. So expect an announcement that Manu's rights will be renounced at some point. Otherwise, if they don't renounce his rights according to the Larry Bird exception his salary in year one could be no lower than $13.023 million.
This is a fair deal and as long as he stays productive he's still going to be an asset to the spurs at the very least on the trading block. He's a good solid NBA center who is only getting better, and there seems to be interest from other teams so like I said as long as he stays productive he'll be vauluable. I for one was really disappointed at how the series played out especicaly from Tiago's perspective. He was obviously being game planned against, whenever he had the ball he always brought the ball down low for easy steals all series long and on the defensive end he was easier to attack and get out of position compared to tim duncan. He's a good young player, starting center?? that's what I'm not really sold on completely untill he gets perfect command of that paint i.e. calling out defecnces, staying on the low block and going for every single chance for the ball rebound or loose ball. He works hard already that bodes well for him
When you keep in mind David West just got 3 for $36 million from Indiana today. Tiago's deal doesnt seem so bad.
MAN! I was looking at maybe 5-6 million dollars a year for this guy, damn, but I guess what big guys are going for now a days and gospurs2013 is right this bastard better play his Brazilian ass of the next 4 years!
wait tiago was productive? did we all watch game 4 vs the heat? we just overpayed for the game 4 performance guys, thats what the spurs just did, we overpaid for a mediocre center who is solid on some nights and average at best on most nights.
@zerospurs Did you watched all of the last season games?Did you watched series against LAL before he got hurt ,especially on defensive end?Did you watched final games of GSW series?Did you watched series against MEM ? When you answer all of that,ask yourself :Would we been in The Finals without Tiago?
Some fans simply don't know how this deals are working...He got fair price for a big men at this point in NBA and that's the bottom line...Anyway,we won't even feel his contract over the next years...
This is a bad deal for Spurs. Just look at what TD's stat 2012-2013. He got paid average only 10 mil a yr for 3 yr. This shitty Splitter got 9mil/yr. He's better play his ass off next year for what Spurs pay him
Ok, I like it except there's a but in there. He's a little dot and I hope and pray he is more physical next year.