The deal, sources said, contains a player option that would allow Nowitzki to return to free agency in the summer of 2016 and preserves the rare no-trade clause he had in his last contract.
Fresh off completing a four-year, $80 million contract in which he left some $16 million on the table, Nowitzki has agreed to take a far steeper pay cut this time in hopes of leaving enough salary-cap space for the Mavericks to sign top free-agent target Carmelo Anthony or multiple contributors with their considerable salary-cap space this summer.
Sources say that the Mavericks intend to extend a lucrative offer sheet to Houston Rockets free agent Chandler Parsons or try to sign Cleveland Cavaliers free agent Luol Deng if Anthony, as expected, elects to re-sign with the New York Knicks.
Nowitzki’s deal can’t be made official until July 10, when a leaguewide moratorium on signings and trades is lifted and the officially salary cap and luxury tax figures for the 2014-15 season are announced.
The Big German is here for three more years. Obviously he wasn’t going anywhere, and of course he took a huge pay cut: that’s what big boys do. Now let’s forget about Melo and get Chandler Parson’s over here. The more Chandler’s the better is what I’ve always said.
Just Seth Meyers and the greatest basketball player of all time chatting it up. I wonder what they talked about? Probably about how Dirk is going to be a guest on Late Night every day until the end of time and how they can’t wait to listen to ‘Endless Love’ like all best friends do at one point or another. My beautiful boys all grown up.