The Dallas Mavericks have informed Dirk Nowitzki that they will decline their $25 million team option for next season with the intention of signing the face of their franchise to a new contract, according to league sources.
The Mavericks have a Thursday deadline to notify their league of their intentions regarding the second season of the two-year, $50 million contract Nowitzki signed last July.
But sources told ESPN that the club will work with Nowitzki next month to structure a new deal to his liking. A two-year deal is an option being strongly considered, sources said, despite the fact Nowitzki has made it clear that he wants to make decisions on a season-by-season basis at this stage of his career.