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.
BREAKING: We have reached an agreement in principle with Spencer Dinwiddie on a contract extension. pic.twitter.com/iYLvc8XTNC
— Brooklyn Nets (@BrooklynNets) December 13, 2018
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:
— Spencer Dinwiddie (@SDinwiddie_25) December 13, 2018