Sources: Spurs, Gay agree on a one-year deal

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Rudy Gay will be returning to the Spurs.

League sources told the Express-News the Spurs and Gay agreed to one-year, $10 million deal to return to the team, as the 2018 free agency period is underway.

The move to re-sign will benefit Gay after he decided to opt-out of the final year of his contract last week. The deal was valued at roughly $8.8 million. With his new contract, Gay will earn about a $2 million raise.

Gay played in 57 games with the Spurs, averaging 11.5 points and 5.1 rebounds last season. Despite missing 23 games to recover from right heel bursitis, Gay did help the injury-plagued Spurs stay afloat in the Western Conference last season, as the Spurs finished seventh in the West despite not having franchise player Kawhi Leonard in all but nine games.

Gay electing to return should not be much of a surprise. After the Spurs were eliminated from the postseason by the Golden State Warriors, he expressed his desire to return to the Spurs.

"After a season like this, it's hard not to want to come back and fight for a championship," said Gay. "I love these guys."

With his deal secured, Gay will continue to focus on his offseason workout routine at his home in Florida as he continues to regain his form following a torn left Achilles tendon suffered in May 2017.

"I feel good going into the offseason knowing I can really perfect my game," Gay said. "During the summer, I can really focus on being myself again."