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Report: Pau Gasol declines player option, plans to re-sign with the Spurs

San Antonio Spurs forward Pau Gasol will decline his $16.2 million player option for next season, but is planning to re-sign with the Spurs this summer, according to Adrian Wojnarowski of The Vertical.

Sources: Pau Gasol will decline his $16.2M option for 2017-18, but intends to work with Spurs on a longer term deal to remain with team.

— Adrian Wojnarowski (@WojVerticalNBA) June 20, 2017

For the Spurs, this is a way to get salary cap relief on the 2017-18 roster. Gasol will return on a smaller annual salary.