AP Source: Leonard, Spurs agree on parameters of 5-year deal - KXXV-TV News Channel 25 - Central Texas News and Weather for Waco, Temple, Killeen |

AP Source: Leonard, Spurs agree on parameters of 5-year deal

By JON KRAWCZYNSKI and TIM REYNOLDS
AP Basketball Writers

Kawhi Leonard has agreed on the basic parameters of a deal to remain with the San Antonio Spurs.

A person with knowledge of the terms tells The Associated Press that Leonard agreed to a five-year contract that could be worth around $90 million. Leonard agreed to the deal just minutes after the NBA's free-agent window opened at 12:01 a.m. Eastern time Wednesday, according to the person who spoke on condition of anonymity because the contract isn't finalized.

The deal cannot be completed until July 9, per league rules.

Leonard was the MVP of the 2014 NBA Finals, averaged 16.5 points last season for the Spurs, and followed that up by averaging 20.3 points in San Antonio's seven-game playoff loss to the Los Angeles Clippers in the first round.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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