San Antonio Spurs NBA 2015 News: Duncan Says $20 Million Loss Won’t Influence Decision to Return

Recently, news broke that five-time NBA champion Tim Duncan allegedly lost more than $20 million to a former financial adviser, but ESPN reports that the huge loss will not be influencing his decision on whether or not he returns to play one more year for the San Antonio Spurs.

"Luckily, I had a long career and made good money. This is a big chunk, but it's not going to change my life in any way. It's not going to make any decisions for me," Duncan told Bloomberg.

As noted by ESPN, the alleged losses amount to more than 15 percent of Duncan's after-tax earnings from the NBA.

The Hall of Fame player, turned 39 back in April, and has yet to announce a decision on his playing future. He averaged 13.9 points and 9.1 rebounds during the past regular season, but showed how he could still turn it on when needed during the playoffs when the Spurs surrendered a 3-2 series lead to lose to the Los Angeles Clippers in the first round.

"I think they're both going to play one more year, Tony Parker told San Antonio Express-News referring to Duncan and Manu Ginobili "I'm trying to be positive. Now, it's their decision. It's a very personal decision."

As reported by ESPN, Ducan filed a lawsuit back in January contending that a series of investments made from 2005 to 2013 enriched one Charles Banks, but wound up being losing propositions for Duncan. Banks allegedly secretly withheld 20 percent of the return on Duncan's loan to Gameday Entertainment, for which the financial adviser serves as chairman. The 20 percent amounts to $7.5 million.

"I trusted someone to do a job that I hired them to do and the misused my trust ad went astray and started using my money. I thought, for the most part, I was keeping an eye on things. You have to have people checking on people checking on people. I did that for a while. Obviously, I got to a point where the people I trusted were checking on themselves," Duncan told Bloomberg.com.