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Nets reach agreement on extension with Spencer Dinwiddie

From NBA Twitter and media reports

Dec 13, 2018 6:12 PM ET

Spencer Dinwiddie, 25, is averaging 16.9 points and 4.9 assists this season.

One night after scoring a career-high 39 points, Spencer Dinwiddie has agreed in principle to a contract extension with the Brooklyn Nets, the team announced on Thursday.

According to ESPN's Adrian Wojnarowski, the extension is for three years.

The deal is for $34 million, league sources told ESPN's Adrian Wojnarowski. There will be a player option on the third year, sources said.

Dinwiddie was eligible for four years and $47 million, but the sides went with a shorter deal that would get him back into free agency more quickly. His new deal will pay him $10.6 million, $11.4 million and $12.3 million annually starting with the 2019-20 season, sources said. 

Dinwiddie, who is averaging 16.9 points and 4.9 assists this season, showed his appreciation on Twitter:

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