Tony Parker has signed a new multi-year contract extension with the San Antonio Spurs, the reigning NBA champions said Friday.

The French point guard has played his entire 13-year NBA career with the Texas team and will play in San Antonio for at least three more seasons after signing the extension, including the 2014-2015 season, when he will make $12.5 million, according to U.S. media reports.

The Spurs said that "per club policy" they would not reveal the terms of the contract extension for Parker, who turned 32 on May 17.

Parker led the team in scoring for the fourth consecutive season, averaging 16.7 points per game in the 2013-2014 campaign. He also was the team's top scorer in the playoffs, with an average of 17.4 points per contest.

He was a key cog - along with big man Tim Duncan, swingman Manu Ginobili and new franchise player Kawhi Leonard - in the Spurs' well-oiled machine that dismantled the Miami Heat in five games in the NBA Finals.

The Spurs got revenge for their loss to the Heat in seven games in the 2013 championship round.

Parker also won titles with the Spurs in 2003, 2005 and 2007.

The Spurs selected Parker with the 28th pick in the 2001 NBA Draft and the six-time All-Star has proved to be a steal, averaging 17.1 points per game on 49.5 percent shooting, as well as six assists and three rebounds, over his first 13 seasons.

During that time, he has played in 196 playoff games, third-most among active players after Duncan and Los Angeles Lakers star Kobe Bryant.

Spurs head coach Gregg Popovich, who also signed a multi-year extension with San Antonio this offseason, and the team's general manager, R.C. Buford, have managed to keep the team's nucleus intact while incorporating new talent, most notably Leonard.

They also have held the team together while staying within the NBA's salary cap. EFE