According to Marc Stein from ESPN Dallas Mavericks center Shawn Bradley has informed the team of his intention to retire and is negotiating a buyout of his contract.

Bradley and the Mavericks, according to team sources, are close to finalizing a buyout arrangement. The 33-year-old has three seasons left on his contract at $14.5 million.

It's believed that Bradley, who struggled with knee and hip injuries this season, is leaving the game after 12 years for health and family reasons.

With Bradley possibly in need of additional surgery, Dallas is expected to forward his case to an independent doctor for review. If Bradley's injuries are determined to be career-ending, the balance of his contract would drop off the Dallas payroll after one season. If the injuries are not deemed career-ending, his contract remains on the Mavericks' cap.