- Associated Press - Wednesday, July 21, 2010

SAN ANTONIO (AP) - Richard Jefferson is returning to the San Antonio Spurs after opting out of his old contract that would have paid him $15 million next season.

The Spurs announced Wednesday they have re-signed the veteran swingman. Terms were not disclosed, though Jefferson was willing to part with his bloated deal that expired next summer for longer-term security.

Jefferson struggles with the Spurs after being traded from Milwaukee. The Spurs took on his hefty contract hoping the 30-year-old would bring a jolt to their championship core of Tim Duncan, Tony Parker and Manu Ginobili.

Jefferson’s 12.3 scoring average was the lowest since his rookie year, though coach Gregg Popovich has stood by him.