Update by Joe Alexander at 4:05 p.m.
The Spurs released their official announcement regarding Tiago Splitter at about 3:10 p.m.:
"The San Antonio Spurs today announced they have signed Tiago Splitter. The 25-year-old Splitter was selected by the Spurs with the 28th overall pick in the 2007 NBA Draft. Per club policy, terms of the contract were not announced."
Update: Mike Monroe reports Splitter's contract is for three years and for $11 million total starting at $3.4 million.
From Tiago Splitter news conference beginning at about 3:40 p.m.
"I'm very happy to be a San Antonio Spurs. It's been three years for me and San Antonio to wait for this moment. I'm very happy. I knew that I want to be part of the NBA, part of the San Antonio Spurs. You never know when.
"My game in Europe is mostly low post. I'm a center. I can run the floor quickly for my size I think. I like to play pick and roll.
"They're the team since I'm a kid. I know them very well. I'm very happy to be here in San Antonio. For sure we're going to have fun.
"I told R.C. (Buford) and Pop (Gregg Popovich), when I started wearing 21 it was because I love the way Tim Duncan plays. He was one of my idols. Now that they change my number, I don't care.
"I decided I want to come here. I feel I'm in the right moment. Three years ago when San Antonio drafted me I knew it was impossible for me to come here. I signed a new contract in Europe. I improved my game a lot.
"I know the (NBA) game is different. I also know I know how to play this game. I will try to be the smartest and strongest I can do."