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AP Source: Tim Duncan to Return to Spurs in 2014-15

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MIAMI, FL - JUNE 12: Tim Duncan #21 of the San Antonio Spurs looks on against the Miami Heat during Game Four of the 2014 NBA Finals at American Airlines Arena on June 12, 2014 in Miami, Florida. (Photo by Andy Lyons/Getty Images)

Tim Duncan (Credit: Andy Lyons/Getty Images)

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WASHINGTON – A person with knowledge of the decision tells The Associated Press that Tim Duncan is exercising the option on his contract for 2014-15 and will return to play for the San Antonio Spurs next season.

Duncan turned 38 in April and won his fifth championship with the Spurs in June. That led to some speculation that he could retire after 17 seasons in the league.

But many also expected Duncan to return next season because he continues to play at a high level. Duncan will make $10.3 million next season as part of a contract designed to allow the Spurs to surround him with top-flight talent. The person requested anonymity because an official announcement has not been made.

Yahoo! Sports first reported the decision.

(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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