Kyrie Irving Declines Option, Set to Re-Sign With Mavericks for $119 Million

By Edcel Panganiban July 08, 2025 21:14

The Dallas Mavericks have secured a major piece of their future by re-signing Kyrie Irving to a three-year, $119 million contract extension, a deal that underscores the franchise’s commitment to building a championship contender around their star guard. Irving, a nine-time All-Star, declined his $43 million player option for the 2025-26 season to instead ink this new deal, which includes a player option for the 2027-28 season, keeping him in Dallas through his prime years.

This move comes as a bold statement of loyalty and long-term vision for the Mavericks, especially significant given Irving’s recovery from a torn ACL suffered in March 2025. Despite missing the latter part of the 2024-25 season, Irving’s impact on the team before his injury was undeniable. Over 50 games, he averaged 24.7 points, 4.8 rebounds, and 4.6 assists per game, shooting an efficient 47.3% from the field and 40.1% from three-point range. His leadership on and off the court helped propel Dallas to the 2024 NBA Finals, and the franchise clearly views him as the cornerstone moving forward.

Mavericks general manager Nico Harrison emphasized Irving’s central role in the team’s future, stating, “We wanted Kyrie to lead this team, and this extension shows our faith in him as the heart of Dallas basketball.” Irving himself expressed optimism about the deal and his recovery, saying, “I’m committed to this city and this team. My focus is on coming back stronger and helping us compete for a championship.” The player option in the final year also gives Irving flexibility as he approaches the twilight of his career.

Financially, the new contract slightly lowers Irving’s annual cap hit compared to his previous player option, which helps Dallas manage their salary cap more effectively. By doing so, the Mavericks free up a $5.7 million mid-level exception, a key tool they can use to add complementary pieces around Irving, Anthony Davis, and the highly anticipated rookie Cooper Flagg, whom Dallas is set to select with the No. 1 pick in the 2025 NBA Draft. This roster construction balances star power with depth and flexibility, essential for sustained success in the Western Conference.

The timing of the extension is also critical. Irving is expected to return from ACL surgery as early as January 2026, giving the Mavericks a chance to integrate their core pieces for a strong playoff push. His ability to return to form will be a major storyline for the franchise and fans alike.

Basketball analyst Sarah Langs noted, “This extension signals the Mavericks’ confidence in Kyrie’s recovery and their commitment to building around him. With Anthony Davis and Cooper Flagg joining the mix, Dallas is positioning itself as a serious contender, provided Irving can regain his All-Star form.”

Kyrie Irving’s decision to decline his player option and sign a lucrative three-year extension with the Mavericks solidifies his role as the franchise’s leader and centerpiece. The deal not only reflects mutual trust between player and team but also strategically positions Dallas to maximize its roster flexibility and championship window. As Irving rehabs his injury and prepares for a return, the Mavericks’ fans can look forward to a new era defined by star power, depth, and a clear title ambition.