Mavs sign Nowitzki to three-year, $60M extension

[Pistons < Spurs]

Looking to build on a 60-win season that ended two games shy of an NBA Championship, the Dallas Mavericks signed All-Star forward Dirk Nowitzki to a contract extension, the team announced Tuesday.

While the team did not disclose terms of the deal, ESPN.com's Marc Stein reports that it is a three-year extension worth just under $60 million.

"We are glad to keep Dirk in the Mavericks family for many more years," Mavs owner Mark Cuban said. "His contribution to our success on and off the court has been immeasurable."

Last season, Nowitzki averaged a career-high 26.6 points per game, along with 9.0 rebounds and 2.8 assists. He also established career highs in field goal percentage (48.0), 3-point percentage (40.6) and free throw percentage (90.1).

Nowitzki finished third in MVP voting and was named to the All-NBA First Team for the second straight season. He has also been selected to a Mavericks-record five straight All-Star Games.

http://sports.espn.go.com/nba/news/story?id=2604205

[Douche]

overpaid and overrated. that's awesome.

[mavsfan1000]

overpaid and overrated. that's awesome.

Someone's a hater. If anything Nowitzki is underrated.

[dirk4mvp]

I couldn't imagine him playing ever playing for anyone else.

[ChumpDumper]

Only three more years? Why not four?

[Kori Ellis]

Only three more years? Why not four?

I was thinking the same thing.

[Mr.Bottomtooth]

That's a lot of money. TimTim gets around 17 a year and he's better.

[dirk4mvp]

That's a lot of money. TimTim gets around 17 a year and he's better.

starter.

[boutons_]

$244K per each of 82 games

[dirk4mvp]

$244K per each of 82 games

Not bad

[mavs>spurs2]

That's a lot of money. TimTim gets around 17 a year and he's better.

Your point? He's still getting paid while your sitting here hating. He doesn't give a about what some spur fan thinks, he's too busy living the good life.

[trueD]

I was thinking the same thing.

So was I

In just two short years Dirk will be playing his heart out so someone will have to do better than 3 years/60 million. THAT was stupid, or was it?

[MarkCuban]

Only three more years? Why not four?

cause im busy saving for a Dampier 10 yr max deal.

[THE SIXTH MAN]

WOW that's a lot of scratch , good for him and the people he supports. Cant get mad at people getting paid no matter what way you look at it.

[J.T.]

60 million dollars and three more years of no championships. Good investment.

[mavs>spurs2]

60 million dollars and three more years of no championships. Good investment.

Good prediction. We were far off last year, it's pretty obvious we won't win any time soon. Jackass.

[Bruno]

Only three more years? Why not four?

Because it's not allowed by the cba.

[Bruno]

And I see nothing wrong with this extension, Dirk is a max player.
He will maybe be overpaid when he will earn $22M in 2010-2011 (he will be 32-33 years old) but so will Duncan in 2009-2010 (he will be 33-34 and will earn $22M) and almost all max player at the end of their last big contract.

[velik_m]

Someone's a hater. If anything Nowitzki is underrated.

you obviously don't get any german channels.

[MajorMike]

Personally, I'm glad they gave him lots of money. Makes signing those free agents next year seem less likely.

[mffl89]

So was I

In just two short years Dirk will be playing his heart out so someone will have to do better than 3 years/60 million. THAT was stupid, or was it?

The 3 years is in addition to his contract now so that's a total of 5 more years

[ChumpDumper]

Because it's not allowed by the cba.

The cap faq said six total years in one place. Sue Larry Coon.

[George Gervin's Afro]

Good for the Spurs. Now the Mavs are stuck with Terry, Damp and Dirk long term.. no cap flexibilty


07/08 season spurs have only Tim, manu and Tony under contract...Nice

[Bruno]

The cap faq said six total years in one place. Sue Larry Coon.

Rookie scale contracts may be extended for up to five seasons beyond the player's last option season, bringing the total contract length to six seasons. All other extensions are limited to five seasons, including the seasons remaining on the current contract. For example, a contract with two seasons remaining may be extended for up to three additional seasons.

[mavsfan1000]

Good for the Spurs. Now the Mavs are stuck with Terry, Damp and Dirk long term.. no cap flexibilty


07/08 season spurs have only Tim, manu and Tony under contract...Nice

Manu and Tim will be washed up by then. Dallas already has all the players they need. No need to add more.