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Dirk signs a 4-year extension to stay in Dallas

Dpantherman

By Dpantherman,
in Charlotte Hornets

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Dpantherman

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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.

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.

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. The Los Angeles Lakers' Kobe Bryant is the only other player with an active no-trade clause, although Pierce is also eligible to get one in his new Celtics contract.

http://sports.espn.go.com/dallas/nba/news/story?id=5352960&campaign=rss&source=twitter&ex_cid=Twitter_espn_5352960

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King Taharqa Newbie

King Taharqa

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I called it from day one. Dirk wasnt going anywhere. Cuban was not gonna let go of his stud. Paul Pierce did the same thing to the Celtics. With the CBA coming up next offseason, some of these superstars are getting their money NOW instead of waiting for later when things change up.

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cbarrier90 Newbie

cbarrier90

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Dirk's best chance for a ring with the Mavs came when they choked against the Heat in the 06 finals and were upset by the Warriors in the first round in 07. I can't see this being a move for a title unless Dallas is planning to sign a player to complement him.

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