Dirk Nowitzki Took a Big Paycut and Turned Down the Rockets and Lakers

by July 16, 2014
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Free agent superstar Dirk Nowitzki accepted an even larger paycut than what was initially reported, allowing the Dallas Mavericks to make a splash this summer.

Dirk wouldn’t take meetings with the Houston Rockets and Los Angeles Lakers, choosing instead to return to the Mavs for three years and $25 million.

Per ESPN:

Sources say that Nowitzki received strong interest in free agency from the Houston Rockets and the Los Angeles Lakers to leave Dallas for max-level money but refused to engage in negotiations with either team.

 

Nowitzki consented to such a steep pay reduction — from last season’s $22.7 million to the roughly $8 million he’ll get for this coming season — to give the Mavericks added flexibility to strengthen the supporting cast around him.

 

Dallas used the resultant cap space, in conjunction with Chandler Parsons’ agent Dan Fegan, to create a lucrative three-year offer sheet to the restricted free agent that the Rockets ultimately decided they couldn’t match.