Spurs sign Duncan...Magic: No Howard deal yet...Brees, Saints reportedly far apart

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Associated Press

Posted on July 12, 2012 at 1:34 AM

SAN ANTONIO (AP) — The Tim Duncan era will continue for at least one more season for the San Antonio Spurs. The Spurs have announced they've re-signed Duncan. Terms of the deal were not disclosed but Yahoo Sports cited anonymous sources in reporting it's a three-year, $36 million deal.

ORLANDO, Fla. (AP) — The Orlando Magic's general manager says trade talks with the Brooklyn Nets involving Dwight Howard are "stationary." But Rob Hennigan says the discussions remain open and he's also talking with other teams. Hennigan says the Nets offer wasn't favorable to the Magic. It was thought to be a multi-team, sign-and-trade with Orlando getting Brooklyn center Brooks Lopez.

NEW ORLEANS (AP) — Drew Brees and the Saints are still millions apart on a contract. A person familiar with the negotiations tells The Associated Press the sides are more than $10 million apart in the guaranteed portion of a five-year, $100 million deal. They are facing a Monday deadline.

STATE COLLEGE, Pa. (AP) — Late Penn State football coach Joe Paterno defended his program's integrity in a letter written shortly before his death. The Paterno family says the letter was given in draft form to a few former players. In it, Paterno rejects the notion that Jerry Sandusky's sexual abuse of boys amounted to a "football scandal" or in any way tarnished the program or the school.

LOS ANGELES (AP) —The New York Times reports that Kentucky Derby and Preakness winner I'll Have Another was ailing well before he was retired from racing with a tendon injury the day before the Belmont Stakes. The newspaper says veterinary records show the horse was being treated with painkillers and anti-inflammatory drugs in the weeks after his win in the Preakness. But trainer Doug O'Neill disputes the report. He tells The Associated Press the painkillers were "equivalent to Advil" and calls the report "irresponsible and fictitious."

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