Dallas, Rick Carlisle reach five-year, $35 million extension

Coach Rick Carlisle and the Dallas Mavericks have come to terms on a new contract extension.

Sources told ESPN.com the extension is a new five-year deal in the $35 million range that will make Carlisle the league's highest-paid coach without a dual executive role and will take him well into his second decade with the club.

The new five-year deal will then take effect in 2017-18 through 2021-22.