Gay will have another year to rebuild his value. This new deal seems good for both parties.
Fortunately, all he was looking for was a bump in his paycheck. The fact that the Spurs didn’t have full bird rights to the veteran combo forward made his return seem unlikely once he opted out. They should still have the full mid-level exception and the bi-annual exception to make other additions. The Spurs will likely use the non-bird free agent exception to re-sign Gay, which means they will probably remain over the cap. Other teams, including the Warriors, reportedly showed interest, but Gay decided to re-sign with the Spurs for another season at a slightly higher figure.
He opted out, entering restricted free agent. Gay had a contract option to stay in San Antonio worth under nine million. Rudy Gay has agreed to return to San Antonio on a one-year, $10 million contract, according to Yahoo Sports Sham Charania.
Gay opted out just to secure some extra money, but will be back next season.
