Tony Parker is in for the long haul as far as the San Antonio Spurs are concerned.

The 32-year-old French point guard signed a multi-year contract extension with the Spurs on Friday, as the team keeps its core trio intact.

Terms of the new contract were not announced, but ESPN reports that the extension was worth $43.4 million over three years. Parker is expected to make $12.5 million next season in the final year of his existing contract.

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"So happy," Parker told the San Antonio Express-News. "Spurs for life!"

Parker has spent all his 13 seasons with the Spurs, developing from an inconsistent 19-year-old point guard from France to one of the NBA's best playmakers. He was with the Spurs during its five championship runs, the latest just last June when they dominated the Miami Heat.

Parker is the youngest of the Spurs trio at 32. Tim Duncan will turn 39 next season and Manu Ginobili is 37, and it seems their retirement in already in their horizon. Parker's new contract guarantees him to be in San Antonio whether both Duncan and Ginobili consider hanging up their sneakers in the coming years.

Duncan opted into his final year of his contract, while Ginobili begged off from the Argentina national team for the FIBA World Cup to rest a stress fracture in his leg. Parker has likewise declined the French national team for the Worlds as he intended to rest before training camp next season.

Spurs coach Gregg Popovich also signed a contract extension, as the team retained Boris Diaw, Patty Mills and Matt Bonner. The team appears to be looking at achieving what its franchise hasn't done-win a back-to-back championship.

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