NBA free agency: Manu Ginobili gets 2-year, $14 million contract

USA TODAY Sports

Manu Ginobili takes a major pay cut on his new deal.

The San Antonio Spurs have agreed with free agent Manu Ginobili to a two-year contract worth a total of $14 million, according to Yahoo! Sports' Adrian Wojnarowski. That means the aging Argentinian will take an annual pay cut equal to half of his 2012-13 salary.

Ginobili, who is 35 years old, announced his agreement via Twitter and made the decision to return after speculation that he would retire.

The Spurs are well on their way to keeping together the core that took them to a seven-game NBA Finals series. The team previously agreed to re-sign center Tiago Splitter to a four-year, $36 million contract when the free agency negotiation period ends July 10. Keeping Ginobili on board for a final few go-arounds was the next hurdle to clear, and now the Spurs have only reserve guard Gary Neal to chase after if they want, essentially, the same roster back next season.

San Antonio was reportedly interested in free agent small forward Andrei Kirilenko, according to Marc Stein, but he will likely have a market value too high for the Spurs to afford after the re-signings of Splitter and Ginobili.

More from SB Nation:

The NBA's top 90 free agents | All NBA free agency news

Dwight Howard finishes meetings, will decide soon

Kings pull offer to Andre Iguodala

Flannery: Tanking and rebuilding | Ziller: When it's OK to overpay

Grading the NBA free agent deals

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.