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.
The Mavericks have a Thursday deadline to notify the league of their intentions regarding the second season of the two-year, $50 million contract Nowitzki signed last July.
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.