Khris Middleton has decided not to pursue a buyout and will remain with the Mavericks for the rest of the season, sources tell Marc Stein of The Stein Line (Twitter link).

To be eligible to appear in the playoffs with another team, Middleton would have needed to finalize a buyout with Dallas by the end of the day on Sunday. He was considering his options earlier in the week, and the Mavs indicated that they were willing to negotiate a buyout of his $33.3MM expiring contract if that’s want he wanted.

The Nuggets and Spurs were mentioned as teams that had interest in Middleton if he became available, and there would likely have been numerous other suitors. He would have been eligible to sign with anyone except the Cavaliers, Warriors and Knicks because they’re operating in apron territory and aren’t permitted to add a player waived during the season who had been earning more than the $14.1MM non-taxpayer mid-level exception.

There was “pessimism” in Denver this week that Middleton could be lured away from the Mavericks, according to Stein’s sources (Twitter link).

A buyout would have resulted in the loss of Middleton’s Bird rights, which transferred when he was acquired from Washington at the trade deadline. Although Middleton is almost certain to get a sharply reduced salary next season, having his Bird rights in place could help him land a contract above the veteran’s minimum.

With a small number of teams possessing cap space for the offseason, Middleton could have value in a potential sign-and-trade deal, suggests Keith Smith of Spotrac (Twitter link).

Middleton, 34, has been productive with Dallas in his seven games since the deal, averaging 13.9 PPG with .485/.364/.893 shooting numbers. He’s made five starts and is logging 24 minutes per night.

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