Getty ImagesWojnarowski also notes the deal includes a player option.
Aldridge took to Twitter to write "I'm happy to say I'm going home to Texas and will be a Spur!! I'm excited to join the team and be close to my family and friends."
According to Wojnarowski, Aldridge told the Trail Blazers on July 3 that he was down to the Spurs and Suns and agreed to join San Antonio on the morning of July 4.
Wojnarowski reported that the Spurs made a "powerful" presentation on July 1, placing them as firm front-runners for the coveted forward, ahead of other interested teams like the Rockets, Mavericks, Lakers and Heat.
On July 3, Blazers star Damian Lillard attempted to lure Aldridge back to Portland over the phone, according to Alex Kennedy of Basketball Insiders.
While the Portland Trail Blazers could offer more than $109 million over five years compared to competitors' max offers of roughly $81.2 million over four years, the 29-year-old power forward decided to join a team with proven postseason success and an obvious role for him moving forward as the Spurs' nucleus continues to age.
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