Report: Mavericks re-sign Dirk Nowitzki for three years, $25M

Nowitzki took an even bigger pay cut than previously expected.
Dirk Nowitzki took an even bigger pay cut than previously expected. (USATSI)

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The inevitable has happened. The Dallas Mavericks have finalized their deal with franchise star Dirk Nowitzki on a three-year deal that comes at a huge discount for the organization. It's an effort to allow the Mavs to stay competitive and bring in free agents with the extra salary cap space. It's what helped them sign Chandler Parsons to a three-year, $46 million contract earlier in the week. Despite other suitors trying to entice Nowitzki with big money, Dirk decided to stay and be a great teammate.

Marc Stein of is reporting that despite max offers from both the Rockets and the Lakers during free agency, Nowitzki has agreed to a three-year deal that will pay him $25 million. He was previously expected to sign for around $30 million but the number was adjusted to allow the other deal to get done.

Dirk is the franchise's all-time leader in games, minutes played, field goals made, field goals attempted, 3-pointers made and attempted, free throws made and attempted, offensive and defensive rebounds, and points scored. He's second in career steals and fourth in assists. He's the biggest star in franchise history, but he's not done contributing yet. While those other teams tried to pounce with big money, Nowitzki didn't waver on sticking it out with the only team he's played for in the NBA.

How big is the discount? He's only making $2 million more per season than what Jodie Meeks got with the Pistons earlier this summer.

CBS Sports Writer

Zach Harper likes basketball. Some would even say he loves it. He's also an enthusiast for everything Ricky Davis, Rasheed Wallace, Nic Cage, and has seen the movie Gigli almost three times. He's been... Full Bio

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