Mavericks Sign Devin Harris

July 31 2013 at 4:11pm CST By Luke Adams

4:11pm: Harris' new deal with the Mavs is a one-year pact worth the veteran's minimum, according to Tim MacMahon of ESPNDallas.com.

2:57pm: The Mavericks have officially signed Devin Harris to a contract, the team announced today in a press release. Harris had previously reached an agreement on a three-year, $9MM deal with Dallas, but the team nixed it after news broke that the veteran guard required toe surgery.

A new deal between Dallas and the Excel Sports Management client comes as no surprise, since the team still had interest in bringing him aboard even as the two sides mutually agreed to call off the initial arrangement. Owner Mark Cuban essentially confirmed a couple weeks ago that the Mavs and Harris both still expected to finalize a deal, albeit a restructured one.

The financial terms of the latest agreement are unclear, but it looks as if the Mavs only have the flexibility to offer minimum-salary contracts after using all of their cap space and most of their room exception. I speculated after the first agreement fell through that a two-year minimum salary contract with a player option for the second season might work for both sides.

Harris, who spent the first three and a half seasons with the Mavs, appeared in 58 games for the Hawks last year, averaging 9.9 PPG and 3.4 APG while spending time at both guard positions. Since Jose Calderon and Monta Ellis look like the probable starters in the Mavs' backcourt, Harris figures to be called on to play both the one and two again next season.

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