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Spurs' Tony Parker signs new contract

Updated: November 1, 2010, 12:02 PM ET
Associated Press

SAN ANTONIO -- Tony Parker swore he didn't want to leave the Spurs, and he has a new contract to finally prove it.

The Spurs signed Parker to a multiyear extension Saturday that preserves their three-time NBA champion core of Tim Duncan, Manu Ginobili and the star point guard, and puts an abrupt end to what would've undoubtedly been a season of speculation.

The extension is for $50 million over four years, according to Parker's website.

Rumors swirled over the summer ...

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