But while Leonard's departure is merely a rumor at this point, the Spurs did lose a San Antonio legend Friday.
Spurs coach Gregg Popovich gave a heartfelt goodbye to the Spurs icon on Friday after Parker agreed to a deal with the Hornets, too.
For 17 seasons, Tony Parker was a key member of the San Antonio Spurs and, over the course of his career, the French guard amassed four NBA titles, six All-Star appearances, four All-NBA nods and the 2007 NBA Finals MVP.
LAS VEGAS Tony Parker went to San Antonio as a teenager almost two decades ago, quickly became part of the Spurs' legendary Big Three and celebrated four championships while wearing silver and black.
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In Charlotte, Parker will play behind All-Star guard Kemba Walker but is expected to have a bigger role than he would have had with the Spurs.
Last season saw Parker relegated to a smaller role, however, as he only started 21 of the 55 games he played. Parker wants to play at least 20 years in the National Basketball Association.
In March, a frustrated Parker told the media that his injury was "a hundred times worse" than Leonard's. Popovich and Spurs star Tim Duncan combined for 157 playoff wins. "From his first game in 2001 at age 19, TP has impressed and inspired us - day-after-day, game-after-game, season-after-season - with his passion, dedication and desire".
The Denver Nuggets were also reportedly interested in Parker. However, he has a close friend on the Hornets in fellow Frenchman Nic Batum. Popovich himself has endured plenty at season's end, as he grieved the death of his wife, Erin, who died in April after battling a prolonged illness. He will also be coaching Team USA before the 2020 Olympic Games in Tokyo.