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The Dallas Mavericks will not exercise the option on Dirk Nowitzki’s $25 million contract for next season, according to a a report from ESPN.
Instead, the Mavs intend to sign Nowitzki to a new deal, per the report.
The Mavericks have a Thursday deadline to notify their league of their intentions regarding the second season of the two-year, $50 million contract Nowitzki signed last July.
But sources told ESPN that the club will work with Nowitzki next month to structure a new deal to his liking. A two-year deal is an option being strongly considered, sources said, despite the fact Nowitzki has made it clear that he wants to make decisions on a season-by-season basis at this stage of his career.
Nowitzki, 39, is entering his 20th NBA season — all with the Mavericks. He has said regardless of the plan, he can’t imagine ever playing for anyone else.
He averaged 14.2 points and 6.5 rebounds this past season.