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White, another in the Spurs’ history of player development stories, averaged 11.3 points in 2019-20.
He was the 29th pick in the 2017 NBA draft and spent most of his rookie season with the Spurs’ G-League affiliate.
White, 26, had no scholarship offers out of high school and played small-college basketball before transferring to the University of Colorado.
The White deal beat the league’s 6 p.m. ET Monday deadline for rookie extension contracts.