The San Antonio Spurs have signed third-year big man Drew Eubanks to a three-year contract, according to a report from ESPN Senior Insider Adrian Wojnarowski.
The Spurs tendered Eubanks a qualifying offer earlier this week to make him a restricted free agent and are now using his early bird rights to re-sign him above the salary cap.
San Antonio also extended Jakob Poeltl and Quinndary Weatherspoon a qualifying offer this week and started the recently-opened free agency negotiating period by waiving Chimezie Metu.
Eubanks has played sparingly through his first two seasons with the Spurs and has spent most of his time with their Austin G-League affiliate, though front-court injuries granted him an opportunity in the NBA Restart.
The 23-year-old averaged 7.0 points, 6.3 rebounds, and 1.4 blocks per game off the bench for the Silver and Black during their eight-seeding games in the Orlando bubble, and made the most of his newfound minutes.
While free agents can’t officially sign their new deals until 12:01 PM EST on November 22nd, Michael Scotto of HoopsHype reports Eubanks’ contract is worth $5.29M in total.