The Charlotte Hornets have a deal in principle to sign Frenchman Tony Parker as their veteran backup to point guard Kemba Walker, an National Basketball Association source confirmed to the Observer.
A league source told ESPN that the point guard will sign a two-year, $10 million contract with the franchise.
Parker hoped to make it an even 20 seasons with the Spurs, which would require the team to re-sign him for three years. "We never had an argument", Parker told The Undefeated's Marc J. Spears.
A report earlier this week said San Antonio was interested in bringing Parker back at the right price.
The Frenchman was drafted 28th overall by the Spurs in 2001. He was the MVP of the 2007 NBA Finals and a six-time All-Star.
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The 36-year-old Parker has spent the first 17 seasons of his career with the Spurs, winning five titles along with the likes of Tim Duncan, Manu Ginobili and Kawhi Leonard.
It is the end of an era in San Antonio.
Parker told ESPN that it was a hard decision, "but I had to move on".
According to Wojnarowski, Parker called longtime head coach Gregg Popovich to inform him of his decision to accept the offer. "When the journalist asked me if my injury was worse than Kawhi's, I said yes because it was true". He also averaged a career-low 19.5 minutes per bout in 55 games. "But that didn't lessen the significance of his injury". Parker willingly gave up his starting role to youngster Dejounte Murray last season. We are grateful to Tony for 17 years of truly wonderful memories. "He was the face of the franchise".
"The biggest joy for me has been to have the pleasure of watching TP grow up before our eyes", Popovich said. Former Spurs assistant coach James Borrego is now coaching the Hornets.