Dirk Nowitki and the Mavs finalized a two-year contract worth $50 million on Friday.
Dirk Nowitzki and the Mavs have finalized his new contract, with Dallas upping the deal to $50 million over two years, league sources say.
— Marc Stein (@TheSteinLine) July 22, 2016
The Mavericks reportedly added another $10 million to the $40 million figure that the two sides agreed to earlier this month.
If Dirk chooses to retire before the second season of his contract, the Mavs can exercise a $5 million team option, according to ESPN.
The new pact, sources say, calls for Nowitzki to earn $25 million in each of the next two seasons, though he has said repeatedly that he will decide about playing beyond 2016-17 after gauging how he feels at season’s end.
The second year of the contract, sources say, is fully guaranteed for $5 million of the $25 million at the Mavericks’ option, although any decision about Nowitzki’s playing future is expected to be made in conjunction with owner Mark Cuban, given the long-standing and close bond the two share.
