JULY 6, 9:31pm: The Mavericks have officially signed Powell to his three-year extension, which will go into effect in 2020/21, per the NBA’s transactions log.
JUNE 30, 5:30pm: The Mavericks and Powell have agreed to terms on a three-year, $33MM extension, tweets Stein.
JUNE 30, 10:36am: The Mavericks are planning to make an extension offer to Dwight Powell when free agency officially begins later today, and the expectation is that an agreement will soon follow, tweets Marc Stein of The New York Times. The new deal will pay him $33MM over three seasons.
Dallas has made signing the 27-year-old center-forward one of its top offseason priorities, Stein adds (Twitter link). Powell averaged a career-best 10.6 PPG this season, along with 5.3 RPG, in 77 games.
Powell’s extension doesn’t take effect until the 2020/21 season, so it won’t affect the cap space that the Mavericks have this summer, notes Tim MacMahon of ESPN (Twitter link). Powell has already opted into his current deal for next season at $10.3MM.