Nowitzki, in a very selfless move, actually took less than the maximum $96 million he could have received from the Mavericks to make sure the Mavs could add some additional pieces for another championship run.
Dirk was able to secure a no trade clause, meaning along he and Kobe Bryant are currently the only players to have full veto power over any proposed trade that involves them.
Here are the details from ESPN.com:
Sources close to the situation told ESPN.com that Nowitzki and Mavericks owner Mark Cuban have reached terms on a new four-year contract after a series of wrap-up meetings that consumed much of the day.
The deal, sources said, is worth at least $80 million and includes a no-trade clause, with Nowitzki making good on a longstanding offer to Cuban to take less than the maximum $96.2 million he could have received over the next four seasons in exchange for assurances that the Mavericks will use that financial flexibility to ramp up their efforts to acquire a top-tier sidekick.
The question now becomes who can the Mavericks entice to come to Big D? After LeBron and Wade make a decision, a lot of 2nd tier free agents will be looking for a home and Dallas is an attractive option.
The Summer of LeBron continues.