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AP source: Mavs, Nowitzki agree on 3-year deal

 
AP source: Mavs, Nowitzki agree on 3-year deal
Posted Friday, July 4th 2014 @ 6am  by Photo by Chris Covatta/Getty Images)

DALLAS (AP) 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.

New contracts can't be signed until next Thursday.

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.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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