AUGUST 6TH, 3:35pm: The signing is official, the Mavs announced via a press release.
AUGUST 4TH, 10:04pm: Villanueva announced via his personal Twitter account that the signing was completed, though no official announcement has been made by the Mavericks as of yet.
JULY 7TH, 1:04pm: The Mavs and Charlie Villanueva have agreed to a deal for the minimum salary, reports Tim MacMahon of ESPNDallas.com (Twitter link). It’s a one-year arrangement, as Marc Stein of ESPN.com adds (on Twitter). It’s fully guaranteed, according to MacMahon (Twitter link).
MacMahon had anticipated the deal. Villanueva made the opening night roster for the Mavs on a non-guaranteed deal last year, and he stuck all season as he helped preserve an NBA career that had been flagging during his time with the Pistons. Dallas had apparently wanted to keep him around at the minimum, and Villanueva expressed his wish to keep playing for coach Rick Carlisle.
The Jeff Schwartz client will make $1,499,187 as a 10-year veteran, a raise on the $1,316,809 he saw on last season’s minimum. Still, Dallas will pay only $947,276, which is the two-year veteran’s minimum, and the league will cover the rest, since he’s on a one-year minimum deal. The Mavs can’t trade him without his consent since he re-signed for only one year, and thus would lose his Early Bird rights if Dallas were to trade him, as Eric Pincus of Basketball Insiders points out (Twitter link).