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As reported by ESPN, Kyrie Irving of the Dallas Mavericks has opted out of his $43 million player option and has instead agreed to a three-year contract extension worth $119 million, which includes a player option for the 2027-28 season.
Currently rehabilitating from an ACL injury, Irving is targeting a return as soon as January and will continue to spearhead the Mavericks alongside Anthony Davis and rookie Cooper Flagg, who is projected to be the top pick in the upcoming NBA draft.
In a related move, Fred VanVleet of the Houston Rockets has turned down his $44.9 million team option in favor of a two-year contract worth $50 million, complete with a player option for the 2026-27 season.
VanVleet has played a key role in helping Houston evolve into a playoff contender, posting an average of 14.1 points last season and showcasing solid performances in the postseason despite some challenges faced by the team.
Next season, he will have Kevin Durant as a teammate.
