NBA: Ginobili signs for one more year with Spurs

Manu Ginobili #20 of the San Antonio Spurs dunks two points against the Oklahoma City Thunder during the first half of Game Three of the Western Conference Semifinals during the 2016 NBA Playoffs at the Chesapeake Energy Arena on May 6, 2016 in Oklahoma City, Oklahoma. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. J Pat Carter/Getty Images/AFP

Argentina’s Manu Ginobili re-signed to return for another National Basketball Association season Thursday with the San Antonio Spurs, the only team he has played for.

The 38-year-old Ginobili is returning to San Antonio on a contract that will pay him $14 million. He opted out of his $2.9 million contract to become a free agent.

Last week, the four-time NBA champion Ginobili announced that he was returning to the Spurs for a 15th season.

Ginobili has averaged 14 points per game with the Spurs, who selected him 57th overall in the 1999 draft.

Ginobili also is a two-time all-star and won the NBA Sixth Man of the Year award in 2008.

Ginobili’s re-signing comes three days after forward Tim Duncan announced his retirement following a 19-year career.

It also comes on the same day that San Antonio officially announced the signing of 36-year-old forward Pau Gasol.