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20 mill is not bad.
4 year $80 million!
Sources: Dirk, Mavs agree to deal
By Marc Stein
ESPN.com
The Dallas Mavericks got the answer they were hoping for Saturday night: Dirk Nowitzki has pledged to re-sign with the only team he's ever played for.
Sources close to the situation told ESPN.com that Nowitzki and Mavericks owner Mark Cuban have reached terms on a new four-year contract after a series of wrap-up meetings that consumed much of the day.
More on the Mavs
The deal, sources said, is worth at least $80 million and includes a no-trade clause, with Nowitzki making good on a longstanding offer to Cuban to take less than the maximum $96.2 million he could have received over the next four seasons in exchange for assurances that the Mavericks will use that financial flexibility to ramp up their efforts to acquire a top-tier sidekick.
Nowitzki can't actually sign before July 8, which is the first day teams and players can execute new contracts, but having the All-Star power forward's verbal commitment should enable Dallas to begin its pursuit of help through sign-and-trade offers in earnest, since Cuban can now assure prospective targets that Nowitzki will be in Dallas through at least 2013-14.
The sides have been negotiating for weeks in the wake of Dallas' first-round playoff ouster, after team officials learned in mid-May that Nowitzki was determined to opt out and become an unrestricted free agent for the first time in his career as opposed to signing a three-year extension before June 30.
Nowitzki and longtime adviser/personal coach Holger Geschwindner were formally presented with a contract Friday and then sealed an agreement in principle in a sitdown at Cuban's home. The second round of face-to-face talks after Friday's meetings didn't start until the afternoon, however, to allow the ever-patriotic Nowitzki to host a morning gathering at his home in Dallas to watch Germany's quarterfinal demolition of Argentina in the World Cup.
The Mavericks' all-time leader in scoring and rebounding thus becomes just the second marquee free agent -- of the 10 or so available this summer -- to reach terms on a new contract, joining Memphis Grizzlies forward Rudy Gay, who received a five-year deal worth nearly $82 million on the first day of free agency to stay with the Grizzlies.
Nowitzki also becomes just the second player in the league to secure a no-trade provision in his deal, which can only be added to new contracts -- not extensions -- when a player has at least eight years of NBA service time and four seasons with the same team.
20 mill is not bad.
link?
just saw it on espndallas.com
http://twitter.com/STEIN_LINE_HQ
See my thread and give praise and thanks to Dirk
I don't understand it. To what end? Rake in money from the ducats and souvenir wampum?
Give praise to Dirk you prick.....show him some love. He is a great player and person
That's personal, Looms. I'm talkin' business. And this deal/business wise is puke.Give praise to Dirk you prick.....show him some love. He is a great player and person
Cuban is whitebread tonite.
dirk pretty much said a ring just pay me and I'll give you a mediocre performance
He could have gotten max this off-season. Easily.
Haha, i wanted to write that i bet Cuban had to wait until evening because of the gameThe second round of face-to-face talks after Friday's meetings didn't start until the afternoon, however, to allow the ever-patriotic Nowitzki to host a morning gathering at his home in Dallas to watch Germany's quarterfinal demolition of Argentina in the World Cup.
Yeah he's a top character dude....sure he is limited athletically but dude gives it his all. God bless him.
lol ... $20 million a year for a 7ft tall power forward that can't even average 10 rebounds per game or play defense?
that's a lot of money for an aging jump shooter who has single handedly redefined the art of choking.
god bless Dirk
thats some money Cuban can use overpaying Haywood or another FA.
I don't want to hurt you guy's feelings, because I like most of you Mav's fellows, but, you ain't gonna win a ring with that conglomeration of caca. You got one possible top flight talent: that Beaubois kid. That's it. That's the whole gd thing. The rest is: hold overs, retreads, ham & eggers, losers and fraidy cats. Just f'in junk.
Can't you see that?
I thought he was amazing in the playoffs
lol at the haters....EVERY TEAM in the NBA would kill to get Dirk at the contract....
What a bunch of tools on here.....
He averages 10 rpg in the playoffs, but as a hornet fan you have usually stopped watching by then.
If Dirk doesn't get max, Amare doesn't deserve it.
son you can't possibly be serious? lol ... come on man I know not all of you Mav fans are that stupid.lol at the haters....EVERY TEAM in the NBA would kill to get Dirk at the contract....
What a bunch of tools on here.....
do you truly think that $20 million per season for an aging JUMP SHOOTER like Dirk is a good deal?
LOL at bringing up anything to do with the playoffs and Dirk in the same sentence!!!!
do we need to break down his decade long list of choking in the playoffs?
Looms, how many times are you going to try and stuff 10lbs of into a 5lb bag before you realize it won't fit? You keep trying the same gd thing year in/year out and you keep coming up short, and getting shorter. He will not take you where you need to go. He said it himself, he hasn't got the guts to hate. And you can't ring if you don't hate.lol at the haters....EVERY TEAM in the NBA would kill to get Dirk at the contract....
What a bunch of tools on here.....
Exactly that's why he took a pay cut his heart is not in it, he didn't even try to find a new team. Half the pay for half the effort
Amare doesn't deserve the max there is no doubt about that, but he is twice the power forward that Dirk is ... the only reason Cuban gave Dirk $20 million a year is probably solely based on the merchandise sales (thousands of white Dallas fan boys buying his jersey, shirts, etc.). There is noway in Dirk as a player alone is worth that ... maybe 7-10 million per year at the most.
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