• Klay Thompson: Three years, $50,000,000. Includes a 15% trade kicker. Signed using Bird rights and acquired via sign-and-trade from Warriors.
• Naji Marshall: Three years, $27,000,000. Includes a 5% trade kicker. Signed using non-taxpayer mid-level exception.
• Spencer Dinwiddie: One year, minimum salary. Signed using minimum salary exception.
• Jazian Gortman: One year, minimum salary. Non-guaranteed (Exhibit 10). Signed using minimum salary exception.
• Emanuel Miller: One year, minimum salary. Non-guaranteed (Exhibit 10). Signed using minimum salary exception.
• Jamarion Sharp: One year, minimum salary. Non-guaranteed (Exhibit 10). Signed using minimum salary exception.

Trades

• Acquired the draft rights to Melvin Ajinca (No. 51 pick) from the Knicks in exchange for the draft rights to Ariel Hukporti (No. 58 pick), the draft rights to Petteri Koponen, and cash ($1M).
• Acquired Quentin Grimes from the Pistons in exchange for Tim Hardaway Jr., the Raptors’ 2025 second-round pick, the Heat’s 2028 second-round pick, and either the Clippers’ or Hornets’ 2028 second-round pick (whichever is least favorable).
• Acquired Klay Thompson (sign-and-trade) and either the Nuggets’ or Sixers’ second-round pick (whichever is more favorable in a six-team trade in exchange for Josh Green (to Hornets) and the Mavericks’ 2031 second-round pick (to Sixers).

Draft picks

• 2-51: Melvin Ajinca
  • Signed with ASVEL in France.

Two-way signings

• Kessler Edwards
• Brandon Williams

Departed/unsigned free agents

• Greg Brown (unsigned)
• Derrick Jones (Clippers)
• Markieff Morris (unsigned)

Other moves

• Waived Alex Fudge.

Salary cap situation

• Operating over the cap ($140.6M) and above the luxury tax line ($170.8M).
• Carrying approximately $176.1M in salary.
• Hard-capped at $178,132,000.
• Approximately $4.25M of mid-level exception available; full bi-annual exception ($4.67M) available.
• Two traded player exceptions available (largest worth $16,193,183).

The offseason so far

The vibes were good in Dallas after the Mavericks made an unexpected run to the NBA Finals this spring, with general manager Nico Harrison suggesting after the team’s loss to Boston that his plan was to simply keep the core intact and to find a way to re-sign starting small forward Derrick Jones.

The Mavs’ ability to give Jones a raise on his previous minimum-salary contract was limited because they only held his Non-Bird rights, but Harrison vowed that bringing back the talented defensive swingman was “priority 1A and 1B” for the organization.

When Dallas struck a deal to send Tim Hardaway Jr. and some future second-round picks to Detroit in exchange for Quentin Grimes, the team’s intentions looked pretty clear — having created nearly $12M in extra cap flexibility as a result of that move, the Mavs gained the ability to use the non-taxpayer mid-level exception to re-sign Jones.

That didn’t happen though. Instead, Jones opted to sign a three-year, $30M contract with the Clippers, prompting the Mavs to pivot to another free agent, Naji Marshall. Dallas used a portion of its MLE to bring in Marshall – a three-and-D forward – on a three-year, $27M deal.

That signing hard-capped the Mavs at the first tax apron for the rest of the 2024-25 league year, but the front office wasn’t done wheeling and dealing yet. The club reached an agreement with the Warriors and Hornets on a three-team trade that would send Josh Green to Charlotte and Klay Thompson to Dallas on a three-year, $50M contract. The move was eventually combined with a handful of other transactions and completed as a six-team deal.

When the dust settled, the Mavs had essentially replaced three wings – Jones, Hardaway, and Green – with three new ones in Thompson, Marshall, and Grimes. Thompson isn’t the perennial All-Star he once was, and Grimes is coming off a disappointing, injury-plagued season, but between Thompson’s shooting ability and Marshall’s and Grimes’ three-and-D skill sets, Dallas has a good chance to come out ahead in the series of wing swaps, strengthening a roster that just won the West.

The Mavs also brought back Spencer Dinwiddie, who had a down year with the Nets and Lakers in 2023-24 but thrived in Dallas during the one-year period from the 2022 trade deadline (when he was acquired in the deal sending Kristaps Porzingis to Washington) to the 2023 deadline (when he was sent out as part of the package for Kyrie Irving). A potential bargain on a minimum-salary deal, Dinwiddie will provide additional depth behind the star-studded backcourt of Irving and Luka Doncic.

Up next

The Mavericks have 15 players on standard contracts, but they’ll likely make a change to their 15th spot at some point before training camp. Reports throughout the summer have indicated that veteran forward Markieff Morris is expected to return to Dallas on a new deal.

A.J. Lawson, who is on a non-guaranteed contract, would almost certainly be waived if Morris officially re-signs, since he’s the clear 15th man and the Mavs don’t have enough flexibility below their hard cap to eat a guaranteed salary.

Dallas also still has a two-way slot available alongside Brandon Williams and Kessler Edwards. It’s unclear if the Mavs have anyone specific in mind for that opening or if the team’s current Exhibit 10 players (Jazian Gortman, Emanuel Miller, and Jamarion Sharp) might get a chance to compete for that last two-way deal.

The Mavs have several players who are either already extension-eligible or will become eligible for new deals prior to opening night, though it’s possible none of them will sign contracts before the regular season tips off.

Maxi Kleber and P.J. Washington each have one more guaranteed season on their respective contracts after 2024-25, so there’s no urgency to work something out this year. Still, I’d expect Dallas to at least explore a long-term deal for Washington, who played very well in a significant role after being acquired from Charlotte in February.

Grimes, who is eligible for a rookie scale extension, has yet to suit up for the Mavs and will likely need to prove that 2023-24 was an aberration before the team is willing to invest long-term in him. Doncic could technically sign an extension now, but despite meeting the performance criteria for a super-max contract, he needs to have one more year of experience under his belt to actually sign that super-max, so he’ll wait until 2025.

Third-year guard Jaden Hardy is an interesting extension candidate, but unlike the four aforementioned players, he’ll remain eligible for the entire 2024-25 season, not just until October 21, so the Mavs could postpone their decision on him until the winter or the spring.