Spurs sign Popovich to new 5-year deal reportedly worth over $80M
The San Antonio Spurs signed longtime head coach Gregg Popovich to a new five-year contract, the team announced Saturday.
Popovich's new deal will pay him over $80 million, sources told ESPN's Adrian Wojnarowski.
The 74-year-old is already the oldest coach in NBA history, and the new deal will see that record extended.
Popovich's previous deal with the franchise - a three-year term signed in 2019 - ran out following the end of last season. However, the iconic bench boss made no mention of retirement, and such a decision seemed implausible after the Spurs won the draft lottery, allowing them to select French prodigy Victor Wembanyama first overall this year.
The 2023 Hall of Fame inductee, who will be officially enshrined in August, is also the Spurs' president of basketball operations. Thus, he may not have to serve as the team's head coach for the entire five-year duration of his new deal, notes Wojnarowski.
Popovich recently set the record for most career regular season wins by an NBA head coach. He currently boasts 1,366 victories throughout his 27 years in charge in San Antonio.