1:34pm: The Spurs have issued a press release officially announcing the signing.
12:55pm: The Spurs have reached an agreement on a partially-guaranteed deal for Argentinian forward Patricio Garino, a source tells Orazio Cauchi of Sportando. Adrian Wojnarowski of The Vertical (Twitter links) confirms that San Antonio is signing Garino, noting that the George Washington product is playing in the Olympics this summer alongside Spurs veteran Manu Ginobili.
Garino, 23, spent four years at George Washington, increasing his production in each season. In 2015/16, the 6’7″ forward averaged 14.1 PPG, 4.1 RPG, 1.4 SPG, and 0.8 BPG while shooting 43.0% on three-point attempts.
The Spurs hold the NBA draft rights to many international players, and signed a couple of them already this month, locking up Livio Jean-Charles and Davis Bertans. However, Garino was an undrafted free agent, who was free to sign with any team. According to Cauchi, the newest Spur received interest from teams in Spain, Germany, and Italy as well.
Terms of Garino’s new deal aren’t known, but based on San Antonio’s cap limitations, a two-year, minimum-salary contract seems likely.