DALLAS -- A person with knowledge of the agreement says the Dallas Mavericks and Dirk Nowitzki have agreed on a two-year, $10 million deal that assures a 20th season for the star forward.
The second year of the contract carries a team option, the person told The Associated Press on condition of anonymity because the team hasn't announced the deal. The 39-year-old Nowitzki is set to join Kobe Bryant of the Los Angeles Lakers as the only players to spend 20 seasons with one franchise.
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The deal is similar to the one the Mavs and Nowitzki reached last year, although for significantly less money. Last year's contract was for two years and $50 million, and the club declined the option before free agency opened this year (see full story).
Pacers: Team says George deal was best for future
INDIANAPOLIS -- Kevin Pritchard struggled to make the deal.
Eventually, he figured dealing Paul George was the best way to protect the Indiana Pacers.
On Thursday, Pritchard finally made the blockbuster trade official by announcing the four-time All-Star was heading to Oklahoma City in exchange for Victor Oladipo and Domantas Sabonis.
"It was difficult both on a personal and professional level," Pritchard said in a statement issued by the team. "Everyone here knows what Paul meant to this franchise; he was both a tremendous human being as well as player here for seven years. We thank Paul and his family for their contributions to the Pacers and wish him well."
George essentially forced the move when word leaked that he intended to leave the team as a free agent next summer just before the NBA draft.
That disclosure put the Pacers in a bind: Build around George for one final run at an NBA title, lose their star player and get nothing in return or shop George for the best deal they could find with his public plans hurting his trade value. Pritchard called the news a "gut punch" during last month's draft. He hasn't spoken to reporters since then, but under NBA rules the deal could be announced Thursday.
"We feel very strongly about the potential Victor and Domantas bring to our team and what they mean for the future of the franchise," Pritchard said. "Both are highly competitive, highly skilled and both are winners. That is why both were lottery picks. That is why we sought them out to be part of this deal" (see full story).
Grizzlies: Team to retire Randolph's No. 50
MEMPHIS, Tenn. -- The Memphis Grizzlies are planning to retire the No. 50 jersey worn by Zach Randolph, who is leaving the team after eight seasons to sign with the Sacramento Kings.
In a tweet on the Grizzlies' official account , majority owner Robert Pera says that No. 50 "will never be worn by another member of the Memphis Grizzlies." Pera also thanks Randolph for helping "turn a lottery team into a perennial playoff contender" and helping "make a basketball team a model of community service."
Randolph, a free agent, is joining former Grizzlies coach Dave Joerger at Sacramento. He agreed to a two-year, $24 million deal.
Randolph, who helped Memphis earn seven straight playoff appearances , will become the first player to have his number retired by the Grizzlies.