DALLAS, TX - According to ESPN, the Dallas Mavericks have agreed to a new contract extension with head coach Rick Carlisle.
ESPN reports that the Dallas franchise locked Carlisle in for a new five-year deal worth approximately $35 million. The new deal would make Carlisle the highest paid coach in the NBA without a dual executive role. The contract would reportedly take effect in 2017-18 through the 2021-22 seasons.
Carlisle released a statement Thursday confirming the move.
"Mark Cuban, Donnie Nelson and Dirk Nowitzki are the reason an extension like this is possible. I have best owner and general manager in sports, and one of the greatest players in NBA history to thank for this opportunity. There is much work to be done as we move forward," the statement said.
The contract would propel Carlisle into his second decade with the Mavericks and make him the third-longest tenured coach behind Spurs' Gregg Popovich and Heat's Erik Spoelstra.