Mavericks Re-Sign Dirk Nowitzki

DirkNowitzki vertical7:42pm: The Mavericks have officially re-signed Nowitzki, the team announced today in a press release.

1:15pm: The Mavericks are finalizing a two-year, $10MM deal with Dirk Nowitzki, writes Tim MacMahon of ESPN.com. The second season will be a team option, so Nowitzki could be a free agent again next summer.

That marks a serious reduction for Nowitzki, who could have made $25MM next season if the Mavericks hadn’t declined his option, but owner Mark Cuban seems likely to make up for it at some point. Nowitzki has been with the franchise for 19 seasons and has shown a willingness to be flexible with his contract to help the team create cap space.

Dallas has $45MM in combined cap holds for Nowitzki and Nerlens Noel, so this new deal should give the team some flexibility.

Nowitzki was slowed by an early-season Achilles injury this year, but returned to average 14.2 points and 6.5 rebounds in 54 games. He turned 39 last month, but hasn’t given any indication that retirement is near.

Photo courtesy of USA Today Sports Images.

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