Mavericks To Decline Option On Dirk Nowitzki, Negotiate New Deal

The Mavericks will decline their $25MM option on Dirk Nowitzki for next season and work out a new contract, reports Marc Stein of

The team is considering a two-year deal for the veteran forward, although one source tells Stein that Dallas will do “what Dirk wants.” He has previously indicated that he wants to continue his NBA career on a year-by-year basis.

Nowitzki signed a two-year deal last summer worth $50MM that contained a team option for 2017/18. Turning down that option will give Dallas more financial flexibility when free agency starts on Saturday.

The move leaves Dallas with $64.4MM in guaranteed contracts for next season, along with $55MM in cap holds for Nowitzki and Nerlens Noel, tweets Bobby Marks of The Vertical. The team could have as much as $21MM to work with, but only if Nowitzki agrees to take the $4.3MM room mid-level exception (Twitter link).

Sources tell Stein that Dallas plans to re-sign Noel and focus on its young core and won’t pursue Pelicans free agent Jrue Holiday, who has been linked to the team in past rumors.

Nowitzki has played 19 NBA seasons, all in Dallas. He remained productive this year, averaging 14.2 points and 6.5 rebounds in 54 games after returning from an early-season Achilles injury.

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