JULY 17TH, 6:35pm: The deal is official, the Mavericks announced via a team release.
2:16pm: A source tells Jody Genessy of the Deseret News (on Twitter) that the deal is actually four years in length and worth $16MM.
1:42pm: Harris’ deal will be worth roughly $9MM over three seasons, hears Tim McMahon of ESPNDallas.com (Twitter link).
1:15pm: The Mavericks and Devin Harris are finalizing a three-year deal, reports Marc Stein of ESPN.com (via Twitter). Re-signing Harris became the team’s top priority after they traded Jose Calderon to the Knicks, Stein mentions.
Harris joined the Mavs on a one-year, minimum salary pact last season and performed well for Dallas coming off the bench. He averaged 7.9 points and 4.5 assists in 20.5 minutes per contest. Although those numbers are a far cry from the figures he was able to put up in his All-Star 2008/09 campaign, he proved himself as a still-capable contributor.
Stein doesn’t mention how much the contract will be worth, but it’s likely more than the minimum Harris agreed to last season. Of course, no deal can become official until July 10, when the league-wide moratorium on signings and trades expires.