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Free-agent forward Boris Diaw has reached agreement on a three-year, $22.5 million contract to return to the defending NBA champion San Antonio Spurs, league sources told Yahoo Sports.
Diaw, 32, transformed himself into an indispensable part of the Spurs' championship fiber and his return was considered a vital part of management's plan to compete for a sixth franchise title next season.
The third year of Diaw's deal is partially guaranteed, sources said. Diaw is guaranteed $15.5 million over the first two years of the deal, sources said.
Spurs general manager R.C. Buford and Diaw's agent Doug Neustadt completed the deal Sunday, sources said.
With Diaw's return set, the Spurs will continue their pursuit of free agent Pau Gasol with an offer of their midlevel exception, league sources told Yahoo Sports.
The deal includes protections for the Spurs' salary-cap space should the organization change direction in the next few years and move toward a rebuild after the Tim Duncan and Manu Ginobili era.
Diaw had a tremendous NBA Finals for the Spurs, averaging 6.2 points, 8.6 rebounds and 5.8 assists in the five-game series victory over the Miami Heat.
In his 11 NBA seasons with Atlanta, Phoenix, Charlotte and San Antonio, Diaw has averaged 9.1 points, 4.7 rebounds and 3.7 assists.