Dwight Powell is re-signing with the Dallas Mavericks, returning on a 3-year, $12 million dollar deal according to multiple reports from both national and local media. ESPN’s Adrian Wojnarowski was the first with the details.
It is a bit unclear how the Mavericks are bringing Powell back — one would assume this wouldn’t touch the $12.4 million non-tax payer mid-level exception the Mavericks were reportedly saving for some wing help. The Mavericks have Powell’s bird rights, so they can go over the cap to retain him. It also appears this isn’t a veteran’s minimum deal, as one for a player with Powell’s tenure would top out somewhere around $10 million for three years even with raises.