According to ESPN's Marc Stein, free agent point guard Jason Kidd is on the verge of signing a contract with the New York Knicks.
Stein broke the news on his Twitter account Thursday at 3:38 p.m. Reports from earlier today indicated the 38-year-old NBA veteran was on the verge of signing a three-year, $9 million deal with the Mavericks. But after what Stein calls "all-day deliberations," Kidd decided to spurn the Dallas offer and take a muilti-year deal with New York.
Kidd would join former Mavs center Tyson Chandler with the Knicks, who went 36-30 last season and earned the No. 7 seed in the Eastern Conference.
The Mavericks went into free agency with the pursuit of superstar point guard Deron Williams as their primary plan. Williams decided to ink a 5-year contract with the Brooklyn Nets, leaving the Mavericks scrapping with 28 other teams for the remainder of the point guard market. Among other high-profile targets, Goran Dragic received a 4-year offer from the Phoenix Suns, reportedly worth $34 Million over 4 years. Jeremy Lin received a 4-year, $29 Million offer from the Houston Rockets, but the New York Knicks are expected to match that offer and keep the young guard.
Dallas is said to be interested in several other point guards. One of them is Aaron Brooks, who averaged 19.6 points a game with Houston in 2009 but has been ehavily limited by injuries since then. Another is Ramon Sessions, who was traded from the Cavaliers to the Lakers this year and is now a free agent.