JULY 7: Irving’s new contract with the Mavericks is official, the team announced (via Twitter).
JUNE 30: The Mavericks and star guard Kyrie Irving have reached an agreement on a new contract within the first hour of free agency, reports Shams Charania of The Athletic (Twitter link).
According to Charania, Irving will sign a three-year, $126MM contract that will include a player option in the final season. That’s an average of $42MM annually, which is a little below Irving’s 2023/24 maximum of $47.6MM.
While Irving is certainly enigmatic and has missed an alarming amount of games over the past four seasons, there’s no question that he’s an elite scorer and ball-handler when he’s on the court, having averaged 27.1 PPG, 5.8 APG, 4.9 RPG and 1.3 SPG on .491/.395/.914 shooting in 163 games (36.0 MPG) over that span.
Dallas acquired Irving in February after he requested a trade ahead of the deadline. Considering the Mavs gave up two solid role players (Spencer Dinwiddie and Dorian Finney-Smith) as well as an unprotected 2029 first-round pick to land the 31-year-old, they were always viewed as the frontrunner to re-sign the veteran guard.
A former first overall pick, Irving has earned numerous accolades during his career, including eight All-Star nods, three All-NBA appearances, a Rookie of the Year award, and a championship trophy with the Cavs in 2016.
It will be interesting to see how the Mavs build out the rest of their roster around Luka Doncic and Irving, two incredible offensive talents who don’t always put forth much effort defensively.
Rory Maher contributed to this story.