Report: Spurs Sign Guard Marco Belinelli

By John Diaz

May 13, 2013; Chicago, IL, USA; Chicago Bulls shooting guard Marco Belinelli (8) reacts after a play against the Miami Heat during the first quarter at the United Center. Mandatory Credit: Mike DiNovo-USA TODAY Sports

From everyone here at Air Alamo, we would like to wish you all a Happy 4th of July!

According to Adrian Wojnarowski of Yahoo! Sports, the Spurs are in “serious negotiations” with Marco Belinelli.

San Antonio is engaged in serious talks with free agent Marco Belinelli, league sources tell Y! Sports.

— Adrian Wojnarowski (@WojYahooNBA) July 4, 2013

The 27 year old guard from Italy, has bounced around from multiple NBA teams, but finally broke out as a starter with the Hornets in 2010. Last season, Belinelli was the Bulls best scorer off the bench, next to Nate Robinson. Belinelli averaged 9.6 points, 1.9 rebounds and 2.0 assists in 25.8 minutes. Belinelli is also a career 39% three point shooter.

With the resigning of Ginobili and Splitter, the Spurs only option to sign players is using the MLE, which is slightly over $5 million. The Spurs roster currently stands at 11, without counting draft picks Jean-Charles and Thomas, and you must carry a minimum of 13 on the roster (12 active, 1 inactive) so the Spurs could likely split the MLE among two players.

UPDATE: Via Ramona Shelburne of ESPN, the Spurs have agreed to a 2-year deal with free agent guard, Marco Belinelli.

Excuse me, Spurs have reached a two-year deal with Marco Belinelli

— Ramona Shelburne (@ramonashelburne) July 4, 2013

Before the news broke of the Belinelli signing, Wojnarowski also reported that the plan is still to resign Gary Neal as well.

If Spurs do reach agreement with Belinelli, the plan remains to still try and re-sign restricted free agent Gary Neal, sources tell Y!

— Adrian Wojnarowski (@WojYahooNBA) July 4, 2013

UPDATE 2: The contract is 2 years, $6 million. Rough math says if they used the MLE, there’s a little over $2 million left, that would probably go to resigning Gary Neal.

San Antonio has reached agreement on a two-year, approximately $6 million deal with free agent Marco Belinelli, league sources tell Y!

— Adrian Wojnarowski (@WojYahooNBA) July 4, 2013

Thoughts on the signing, Spurs fans?