One source says Rudy Fernandez has not yet reached a deal with Real Madrid, contrary to earlier reports.

“The negotiations are very advanced, but it’s not done yet,” the source said. “It will likely be announced later this week, but at this point it’s not finished.”

The deal Fernandez is negotiating would allow him to return to the Mavericks once the lockout is over.

“Rudy is very committed to Dallas,” according to the source. “The contract he’s about to sign means that Real Madrid his choice in Europe if he chooses to stay in Europe, but he’s not closing the door on a future in the NBA with Dallas after this year.”