ESPN’s Marc Stein reported on Thursday afternoon that the Mavericks and Nowitzki verbally came to terms on a three-year deal worth approximately $30 million. The third year of the deal is reported to be a player option meaning that Nowitzki could return to free agency in the summer of 2016. Dirk will also retain his no-trade clause.
It was reported that Nowitzki would hold off on inking any deal with Dallas until the team sat down with Carmelo Anthony. Anthony was in Dallas on Wednesday and met with representatives of the team at Mark Cuban’s house after dinner at Nick and Sam’s in Uptown.
With the meeting over, the Mavericks wrapped up negotiations with Nowitzki. As expected, he took a considerable discount so that the team would have financial flexibility to pursue other free agents this summer.
Anthony has been Dallas’ main free agent target since he opted out of his contract with the New York Knicks. The Mavericks are also rumored to be interested in Houston’s Chandler Parsons, Cleveland’s Luol Deng, and a bevy of other players. Dallas must also decide which of their own free agents to re-sign.
Even though he wasn’t going anywhere, Nowitzki was the most important player to sign this summer. His cap hold on the team hovered around $26 million. It had to come off the books to free up money to improve the roster.
With the rest of the summer shrouded in uncertainty, the Mavericks and their fans can continue to rely on Dirk. And why shouldn’t they? He has yet to disappoint.