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Sources: Tim Duncan exercises final-year option on contract

Sources: Tim Duncan exercises final-year option on contract

San Antonio Spurs star Tim Duncan has decided to exercise the final-year option on his contract worth $10.3 million, league sources told Yahoo Sports.

Duncan will revisit his future with the Spurs next summer.

Duncan, 38, won his fifth championship with the Spurs this month, and once again played at a high level for the Spurs, averaging 15.1 points, 9.7 rebounds and three assists.

Duncan has had a decorated career in San Antonio: a 14-time All-Star, three-time NBA Finals MVP and two-time NBA MVP.