Ray Parks will be staying with the TNT KaTropa after agreeing to a one-year max contract extension, team manager Gabby Cui confirmed on Monday.
This effectively wraps up almost two months of discussion between management and Parks, whose contract situation became one of the KaTropa's most pressing agendas this offseason.
"His contract ended January 31. We tried to come to terms before his contract expired but it kind of overlapped for about two weeks," " Cui said. "But I think it was a good process for everyone. We had to go through the process so that he gets the best deal for him. ... You try and find that win-win situation and I think we found it."
Cui said Parks' single-year deal could be his way to "prove himself and after that one year deal, maybe look at getting more for himself."
"I think maybe that's his challenge," he said. "I think that's more of what he thinks, that he feels that he can use this year to really do his best and show us more. I think we've barely scratched the surface of what Ray Parks can do. You see his stats, he's an NBA talent."
Parks, who was acquired by TNT in November from the Blackwater Elite, will continue to feature alongside stars Jayson Castro, Roger Pogoy and Troy Rosario after playing nine games with them during last year's PBA Governors' Cup.
The 26-year-old averaged 18.8 points on 39.8 percent shooting, 6.3 rebounds, 3.5 assists and 1.4 steals in 32 games last season.
Though his scoring dipped with TNT, averaging just 12.2 points on 37.6 percent shooting in nine games, Parks still proved to be productive in other aspects and almost replicated his rebounding (6.4) and assists (3.6) totals with the KaTropa.
Parks is expected to rejoin TNT practices Tuesday morning.
However, the possibility of him being able to jump into Gilas Pilipinas' practices after missing the first week of buildup for the first window of the FIBA Asia Cup qualifiers is a little slim, admitted Cui.
"Although Ray wants to help, he said that he wants to come by and help, I said maybe it's best for him to concentrate on TNT. There's no more time. The guys have been practicing for two weeks."
Parks, though, will be considered for the second window in November.
"We want him for the other window and all the other guys who weren't able to make it because of their preparation for the PBA. Gilas is always there," said Cui. "We want all of our PBA players there, all the best players."