LC
Years ago
Nowitzki to opt out and joint the Free Agent queue
Another marquee NBA player is set to enter the Free Agent market, with Dallas Mavericks All-Star forward Dirk Nowitzki officially opting out of the final year of his current contract.
ESPN Link: http://linky.com.au/t47vx
From the article:
"Nowitzki will forfeit next season's scheduled $21.5 million salary by opting out and is eligible to receive a four-year deal from the Mavericks worth a maximum of $96 million. Dallas is precluded from offering him a longer deal because of the league's over-36 rule, which prohibits giving players the league maximum if they will turn 36 before the contract expires. Nowitzki turned 32 earlier this month. The Mavericks have spent the past several weeks trying to convince Nowitzki to sign an extension that would keep him off the open market. But opting out provides him with multiple contractual benefits. One of them is the ability to incorporate a no-trade clause into a new deal, which can only be secured by players -- in a new contract, not an extension -- with at least eight years of service time and four with the same team."
So does he still remain in Dallas or could he be headed elsewhere?
