Dirk Nowitzki and the Dallas Mavericks have finalized his new contract worth $50 million over two seasons. The deal contains $30 million in guaranteed money and a team option for Year 2 if he decides to play in the 17-18 season.

Nowitzki had initially agreed upon a two-year, $40 million deal with the Mavericks.

Nowitzki was a free agent after coming off a three-year, $30 million deal in 2014 that contained a player option for 16-17.