Tim Duncan exercised his $10.3 million player option for next season and will continue his career for an 18th year with the San Antonio Spurs, according to reports Monday.
Duncan, after winning his fifth NBA title this month, had said he was undecided on his future. He had until Tuesday to pick up his option or opt to become a free agent on July 1.
ESPN.com reported that there was some discussion about working out a new contract for the Spurs big man, but he elected to stay in his deal.
Duncan, who turned 38 in April, averaged 15.1 points and 9.7 rebounds in 74 regular-season games and then averaged 16.3 points and 9.2 rebounds over 23 playoff games.
The Spurs’ core of Duncan, shooting guard Manu Ginobili and point guard Tony Parker will now be back for their title defense. All three players are entering the final seasons of their contracts.
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