Dirk Nowitzki and the Dallas Mavericks have agreed on what could be the final contract for the future Hall of Famer.
A person with knowledge of the deal told The Associated Press on Thursday that Nowitzki would get a three-year contract worth roughly $30 million. The person spoke on condition of anonymity because the deal has not been announced.
Nowitzki tweeted out MFFL Thursday afternoon, a possible confirmation of the move.
Bringing back the German susperstar was the Mavericks' No. 1 priority in the offseason, so it's no surprise the deal got done expediently, though it can't be made official for another week. Dirk had said he would wait to re-sign until after Carmelo Anthony made his visit to Dallas.
The 36-year-old Nowitzki is taking a big pay cut with a contract similar in value and structure to the one Tim Duncan signed with San Antonio two years ago.
Duncan, who also took a much lower salary, is exercising a player option to return for the final season of his deal after helping the Spurs win their fifth title since 1999.
If reports are accurate on the money involved with the Nowitzki deal, the Mavericks would still have cap space to sign free agents.
The re-signing may be the first step toward abandoning the idea of Anthony in a Mavericks jersey, but the organization has flexibility to offer competitive contracts to Luol Deng or Chandler Parsons, who may each be available in the wake of Anthony's free agency resolution.
ESPN's Marc Stein reports the Nowitzki deal has a player option in 2016 and preserves the no-trade clause that existed in his previous contract.
Nowitzki is a 12-time NBAAll-Star and has averaged over 22 points per game in his 16 seasons with Dallas.