Dwight Powell has until June 29 to decide what he wants to do with the player option on the final year of his contract. Yahoo! Sports previously reported that the big man would decline that $10.26MM option and hit the open market. However, Powell addressed that report today and didn’t exactly confirm it.
“I did not have any conversation prior to that article coming out with whoever wrote it. So I don’t know where the information came from. I didn’t have any conversation with anybody about that,” Powell said via Brad Townsend of the Dallas Morning News.
There was speculation among NBA observers and insiders that, despite apparently planning to turn down his option, Powell intended to sign a new contract with a lower annual salary but more overall money. There’s still a chance that Powell goes that route.
“There’s no place I would rather be than Dallas,” Powell said. “I think I have done everything to show that I love it here. This team gave me my shot. They’ve treated me extremely well, as an athlete and as a man. I love the Dallas Mavericks.”
If the Mavericks intend to carve out salary cap space for a max contract player, they’ll need to make at least one or two moves. The team is currently projected to have roughly $29.3MM in available space if Powell opts in. Working out an arrangement with Powell that lowers his annual salary is just one of the ways that Dallas can create additional cap space, as Luke Adams of Hoops Rumors recently detailed.