According to Marc Stein, Richard Jefferson will officially back with the Spurs sometime soon.

This is the week, by all accounts, that San Antonio and Richard Jefferson will complete the restructured deal that we’ve all assumed had to be forthcoming since Jefferson stunningly opted out of a $15 million salary for next season on the eve of free agency. The specifics in terms of years and dollars remain unknown, but I’ve been assured that Jefferson will officially be back with the Spurs quite soon.

In describing his decision to leave $15 million on the table, the word ‘stunning’ is totally appropriate. Jefferson sees himself as a 20-point scorer in an up-tempo offense, but the rest of the league sees him as a 30-year-old aging athlete who averaged 12 points a game last season. He probably thought he’d get a deal in the four- or five-year range at $9-$10 million a season, but it looks like he’s going to have to settle for quite a bit less. He did the Spurs a favor by opting out, so maybe they’ll treat him well.