Noel, 23, had reportedly turned down a four-year, $70 million offer earlier this summer.
Nerlens Noel signs 1-year, $4.1 million QO to return to Mavs, league sources tell ESPN. Reported $17M "offer " was non-existent in any form.
— Chris Haynes (@ChrisBHaynes) August 26, 2017
Nerlens Noel asked Mavs for max. Offer was pulled soon thereafter, per sources. https://t.co/VVEOfhWkgt
— Tim MacMahon (@espn_macmahon) August 26, 2017
The big fella is betting on himself, and clearly believes he can get a max deal on the open market next year.
The offer was signed in Los Angeles this week, according to sources.
Noel, 23, recently switched agents, hiring LeBron James’ agent Rich Paul of Klutch Sports Group after a summer in which he was unable to fashion an acceptable multiyear deal from the Mavericks or garnish an offer sheet elsewhere.
A reported $17 million offer from Dallas was nonexistent in any form, according to sources close to Noel, though league sources say a four-year, $70 million contract was offered to Noel on July 1.
Sources said that the four-year offer was pulled when Noel asked for a max deal.