When the San Antonio Spurs reach 62 wins, Tim Duncan will receive a bonus of $750,000.

The bonus will be added to his current salary of $5.25 million for a cap hit of $6 million this season.

The Spurs will receive a tax bill increase from $3.8 million to $4.9 million.

For next season, Duncan’s salary will increase from $5.64 million to $6.4 million. The Spurs will lose an extra $750,000 in cap space next summer once the bonus is achieved.