Spurs sign White, now he'll repay student loan quickly Spurs rookie Derrick White plans to repay his college debt as soon as possible.

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SALT LAKE CITY – Derrick White sported a big smil before the Utah Summer League preseason finale against the Philadelphia 76ers.

"I feel good," said White.

He should feel great. After all, the Spurs made it official on Thursday, signing their 2017 first-round pick who the team selected 29th overall in last month's NBA draft.

"It was a cool feeling," said White. "I was able to do it with my parents (Richard and Colleen) there, so that was a cool feeling. But now the work really begins. You just got to get back in the gym and work to get more money in the future"

Terms White's deal with the Spurs were not disclosed, but White is expected to earn over $1 million in the first year of the contract. One of the first things White plans to do once he gets some spare time? Pay off student loan debt.

"I need to get rid of that first," said White.

San Antonio Spurs 2017 draft pick Derrick White speaks with the press after participating in a South Texas Regional Adaptive & Paralympic Sports wheelchair basketball clinic at Morgan’s Wonderland on Wednesday, June 28, 2017. less San Antonio Spurs 2017 draft pick Derrick White speaks with the press after participating in a South Texas Regional Adaptive & Paralympic Sports wheelchair basketball clinic at Morgan’s Wonderland on ... more Photo: Express-News Photo / Photo: Express-News Photo / Image 1 of / 1 Caption Close Spurs sign White, now he'll repay student loan quickly 1 / 1 Back to Gallery

The 23-year-old needed financial aid during his first year at University of Colorado-Colorado Springs. White said remaining balance of the loan is roughly $10,000. After he completes that transaction, then maybe he'll splurge a bit. "Find a spot in San Antonio," said White. "That's probably the first few things I'll do with my money."