Reports: Chris Paul to sign with Spurs after Warriors release him

Out-of-contract point guard Chris Paul, who was reportedly released by the Golden State Warriors early Sunday, is joining the San Antonio Spurs on a one-year deal worth over $11 million, according to ESPN.

Sunday was the deadline for the Warriors to guarantee Paul’s $30 million contract for next year. The team and Paul reportedly agreed to move the deadline from Friday to Sunday as the Warriors look for a trade partner, multiple media outlets reported.

According to Bleacher Report, Golden State rejected an offer for guard Zach LaVine in exchange for Paul and Andrew Wiggins.

Paul, 39, is a 12-time All-Star who was traded from the Phoenix Suns to the Washington Wizards last summer and then to the Warriors two weeks later.

Last season, Paul played 58 games for Golden State (18 starts), averaging 9.2 points with 6.8 assists in a career-low 26.4 minutes per game.

Paul averaged 17.5 points and 9.4 assists in 1,272 games (1,232 starts) over 19 seasons. He was named Rookie of the Year in 2006 and finished in the top five in MVP voting five times, but his scoring average has declined each of the last four seasons.

Paul ranks third in NBA history in both steals (2,614) and assists (11,894).

–Field level media