Devin Harris is staying in Dallas.
On Saturday afternoon, it was reported that the Mavericks and Harris came to verbal terms on a three-year deal similar to the one the team extended to him last summer. That deal was worth approximately $9 million over three seasons.
However, a toe injury led to a restructuring of the deal for just one season. Harris missed half of the 2013-14 season.
The current deal could be structured so that the Mavericks have some financial wiggle room in the first year. Nate Duncan tweeted that if that is the case, Harris would make $2,870,813 this coming season. From there it would increase incrementally to $3,000,000 and then $3,129,187 the following two seasons. Structuring the deal that way would make sense as the Mavs continue to be active in free agency.
Players recently received a letter from the National Basketball Players Association encouraging them to take payments over an 18-month period rather than the usual 12. This is in anticipation of a potential lockout in the summer of 2017.
It is uncertain if Harris' new deal is structured in this manner.
Re-signing Harris bolsters the Mavs' back court, which was recently depleted when Jose Calderon and Shane Larkin were sent to the New York Knicks in the trade for Tyson Chandler and Raymond Felton. Felton and Gal Mekel were the only point guards on the roster before Harris agreed to re-sign.
Last season, after returning from injury, Harris led a potent bench unit -- especially when paired with Brandan Wright. The chemistry those two displayed on the court is undoubtedly why the Mavericks moved to keep Harris.
What role Harris plays on the team remains uncertain for now. With the options at point guard somewhat less than ideal, Harris could very well find himself in a starting role this season. But bringing him off the bench once again could be the team's best option. With Harris' recent injury history, it would be wise to limit his minutes on a nightly basis.
Harris -- like Dirk Nowitzki, Chandler, and Felton -- cannot officially ink any contract with the Mavericks until the NBA's moratorium on signings and trades is lifted on July 10. Dallas is also rumored to have interest in Mo Williams and Kent Bazemore as other possible guard additions.