By Jonas Terrado
TNT KaTropa finally came to terms with Ray Parks Jr. after the two sides agreed on a one-year contract extension worth P5.04 million on Monday.
Ray Parks Jr. will stay with TNT KaTropa for at least another year after agreeing to a contract extension. (PBA Images)
Team manager Gabby Cui confirmed the deal which will Parks the maximum monthly salary of P420,000. Other conditions were not disclosed.
The two parties have been working on an extension for months after Parks’ two-conference contract worth a monthly rookie salary of P200,000/month expired at the end of last season.
Parks signed that deal last April with Blackwater, which selected him second overall in the 2018 Draft.
Blackwater eventually traded Parks in early-November for Don Trollano, Tony Semerad and a first round pick in the 2021 draft.
He averaged 18.8 points, 6.3 rebounds, 3.5 assists and 1.4 steals in 32 games last season highlighted by a quarterfinal appearance while playing for Blackwater in the Commissioner’s Cup and a semifinal berth with TNT in the Governors’ Cup.
The KaTropa made their intentions known of giving Parks a long-term extension but the two sides eventually settled on a shorter contract.
Source: Manila Bulletin
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