On 14 February 2007, after delivering consistent numbers in the first half of the 2006–07 season, Parker was selected to play in the 2007 NBA All-Star Game as a reserve guard. With Parker operating as the starting point guard in the 2006–07 season, the Spurs qualified for the 2007 NBA Playoffs and finished second in the Southwest Division. In the Western Conference Semifinals, the Spurs met the Phoenix Suns led by two-time and reigning NBA MVP Steve Nash. After eliminating the Suns, the Spurs defeated the Utah Jazz 4–1 to win the Western Conference Finals. Parker and the Spurs went on to face the Cleveland Cavaliers and swept them 4–0 to win the 2007 NBA Finals. In this series, Parker consistently outplayed his Cavaliers counterparts Daniel Gibson and All-Defensive Team member Larry Hughes and scored a series-high 24.5 points, accompanied by a high field goal percentage of 56.8% and of 57.1% from three-point range. For his performances, he was named the 2007 NBA Finals MVP, becoming the first European-born player to receive the award.