Report: Nando De Colo to sign two year deal with Spurs (Update)

By Quixem Ramirez

Update July 13 4:30 p.m:

The Spurs have officially signed Nando De Colo. Per club policy, the actual contract information is unknown.

Though the Spurs haven’t announced the contract, the French website L’Equipe reported that De Colo’s deal is worth $2.8 million over two years. The Spurs may have used up a portion of ther bi-annual exception on De Colo.

Update July 10 12:11 p.m:

The Spurs have been awfully busy today. They’ve re-signed Boris Diaw (two-years, $9.2 million), Tim Duncan (three-years, around $34 million) and Patty Mills (details unspecified).

It appears that De Colo is the next addition as he is already in San Antonio. De Colo will sign a two-year deal with San Antonio according to Valencia Basket (H/T Spurs Talk).

With De Colo’s addition the Spurs roster now stands at 14 players (if you include Marcus Denmon). De Colo’s addition may signal a trade package consisting of Gary Neal and DeJuan Blair as there won’t be too much minutes to spare at the 2-guard position.

(Photo courtesy of Draft Express.)