Dallas, TX (SportsNetwork.com) - The Dallas Mavericks announced Tuesday they have re-signed franchise great Dirk Nowitzki.
The Mavericks didn't announce terms of the deal, which was reported two weeks ago.
ESPN.com said Tuesday that Nowitzki signed for three years and $25 million, rebuffing offers from other teams and taking a paycut to help Dallas sign Chandler Parsons.
Nowitzki, 36, has been an All-Star 12 times in 16 seasons with the Mavericks and led them to an NBA title in 2011.
He averaged 21.7 points in 80 games this past season -- a spike of more than four points over 2012-13.
Nowitzki and the Mavericks took the eventual NBA-champion San Antonio Spurs to seven games in the first round of the playoffs before being ousted in a blowout.
He has averaged 22.5 points and 8.1 rebounds in 1,188 career games for Dallas and ranks 10th on the NBA's all-time points list with 26,786. He was named NBA MVP in 2007.
07/15 16:26:22 ET
Powered by The Sports Network.
Daytime at Nine
Home Town Experts
Terms and Conditions
Contact Fox San Antonio
EEO Public File Report
FCC Public File
KABB Fox News 29 San Antonio provides local news, weather forecasts, traffic updates, investigations, notices of events and items of interest in the community, sports and entertainment programming for San Antonio and nearby towns and communities in South Central Texas, including Bandera, Boerne, Carrizo Springs, Castroville, Cibolo, Converse, Crystal City, Cuero, Del Rio, Devine, Eagle Pass, Floresville, Fredericksburg, Goliad, Helotes, Hondo, Kerrville, Live Oak, New Braunfels, Pearsall, Pleasanton, Poteet, Poth, Sabinal, San Marcos, Seguin, Schertz, Somerset, Universal City, Uvalde, Windcrest.