The San Antonio Spurs have continued their strategic offseason moves by re-signing free agent guard Jordan McLaughlin to a one-year deal reportedly worth $3 million. McLaughlin, who split the previous season between the Spurs and the Sacramento Kings, is entering his seventh NBA season and will serve as a reserve guard. With McLaughlin's return, the Spurs now have 13 players under standard NBA contracts and two standard roster spots remaining. The Spurs are managing their salary cap with non-bird rights and exceptions, retaining $3.1 million in the Non-Taxpayer Mid-Level Exception (NTMLE) and $5.1 million in the Bi-Annual Exception (BAE) available for future signings or acquisitions. McLaughlin's contract is likely at the veteran minimum of approximately $2.9 million, slightly below the initially reported $3 million figure.
Report: Jordan McLaughlin is returning to the Spurs on a 1-year, $3 million deal https://t.co/nRzwNvHyhu
Spurs bringing back Jordan McLaughlin https://t.co/1wOmJFLcDY
Quick update, I was in a rush, sorry. https://t.co/3cu9VOibaJ McLaughlin is probably re-signing for the vet minimum ($2.9 mil). Had he used NB rights, that would have been $3.4 mil. Same situation for exceptions. $3.1 mil of NTMLE and $5.1 mil of BAE available.