According to a report from ESPN's Adrian Wojnarowski, Patty Mills is going to be sticking around San Antonio.
The Spurs will reportedly pay him $50 million over four years, but we don't know the additional terms of that contract. It's not just whether the final year of the contract has a player or team option attached to it, but how the Spurs are dispersing the payments. The contract could be front-loaded to pay Mills more in the first year or back-loaded to pay Mills more in the final year.
It's likely that Mills has an escalating contract so that the cap hit stays at the same percentage or goes down depending on the amount Mills is paid in his final year and the NBA salary cap during the 2020-2021 season.
So the two likely scenarios are that Mills is making either $12.5 million or less than $14 million in the final year of his deal. By the final year of his deal, Mills's contract will be worth between 9 percent and 12 percent of the Spurs salary cap hit.
For a trusted backup point guard that's lights-out from beyond the arc, is much better getting into the paint off the dribble, and is trusted by Gregg Popovich to close out big games as one of his five on the court...
That's a great deal by the Spurs. It's likely that other teams would've offered more, but Mills is clearly interested in adding championship banners to the AT&T Center and championship rings to his fingers.