According to ESPN’s Shams Charania, the Dallas Mavericks and Kyrie Irving have come together to agree on a new extension to keep the veteran guard in Dallas for the foreseeable future.

To make this deal work, Irving needed to decline his $43 million player option for next season. This new contract does not include an option.

The 33-year-old signed a three-year, $119 million extension. Many assume this will be one of the last contracts Irving will sign before he retires.

Before suffering his ACL tear, Charania reported that Irving was expected to make around $50-$60 million per season. Unfortunately, the injury has forced Irving into accepting less per year. He’s estimated to make $39.6 million per season.

By opting out and lowering his salary for the following season, this will allow the Mavericks to use their $5.7 million taxpayer midlevel exception.

According to The Athletic’s Kelly Iko, the Houston Rockets are most likely going to decline Fred VanVleet’s team option worth $44.9 million. This is for the sore purpose of working on a new multi-year contract to secure his future with the organization.

Both sides have remained committed to each other and both publicly have stated they want to continue working together.

“Obviously, I put my heart and soul into this, and this is where I want to be,” VanVleet said. “It’s definitely a family situation. I’ve got a lot of love for our coaching staff, Rafael (Stone), the Fertitta family, what we set out to do when I had my free agent meeting two years ago, and we’re on that track. It was never a short-term vision. It was a long-term goal. We’re on track. We’re on schedule.”

This quote was from when he was asked how he sees his future shaping up in the league. Both Houston and VanVleet agreed to push back the team option deadline to June 29th.

It’s unclear what the Rockets would be willing to offer the 31-year-old this time around, as he is coming off freshly signing a three-year, $130 million contract with them back in 2023’s offseason.

According to ESPN’s Shams Charania, Khris Middleton has made the decision to opt into his player option for next season. The Washington Wizards will have another year of the veteran forward.

The 33-year-old is set to make $33.3 million for the following season, as this will conclude his three-year deal worth $102 million. This deal was signed back in 2023 with the Milwaukee Bucks, this was two years before getting traded at the 2025 trade deadline.

Middleton will turn 34 in August, which is right around the corner.

Middleton averaged 10.7 points, 3.7 rebounds, and 3.4 assists in 14 appearances with Washington.