Kyrie Irving To Decline Option, Re-Sign With Mavs On Three-Year Deal

Mavericks star guard Kyrie Irving is declining his $43MM player option and intends to sign a three-year, $119MM contract with the team as a free agent in July, ESPN’s Shams Charania reports (Twitter link). The deal, which is nearly identical to the one he signed in 2023, will include a player option for the 2027/28 season.

The nine-time All-Star is recovering from a torn ACL in his left knee, which he injured in early March.

Irving was enjoying a typically strong season prior to the injury. He averaged 24.7 points, 4.8 rebounds, 4.6 assists and 1.3 steals in 50 starts. Most of the outings came with Luka Doncic alongside him in the backcourt, so his assist totals could spike when he returns as the team’s primary ball-handler.

The deadline for Irving to opt in was today and it wasn’t surprising that the option was declined for more long-term security. As far back as April, it was reported that Dallas preferred to re-sign the 33-year-old to a three-year deal.

Irving’s first-year salary on his new contract will be lower than the option he declined, reducing the Mavs’ team salary and moving them below the second tax apron. That will enable Dallas to use the $5.7MM taxpayer mid-level exception to pursue a lead guard in free agency to run the team while Irving recovers, according to Marc Stein (Twitter link).

The Mavericks are optimistic that Irving can return to action sometime in the middle of next season. The Mavericks were hopeful that the combination of Irving and Anthony Davis would produce a championship in the short run. The unexpected addition of Cooper Flagg via winning the lottery will make them even more dangerous in the coming years.

Irving was the No. 2 free agent on our top-50 rankings and becomes the first player on that list to reach a contract agreement with his current team.

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