Rick Carlisle, Dallas Mavs Agree To 5-Year Extension

Rick Carlisle

The Dallas Mavericks and coach Rick Carlisle are reportedly come to terms on a new contract extension, reports ESPN.

Sources say the extension is for five years and for around $35 million, making Carlisle the league's highest-paid coach among those without a dual executive role.

The new deal will take effect in 2017-18 and span through 2021-22.

"Mark Cuban, Donnie Nelson and Dirk Nowitzki are the reason an extension like this is possible. I have best owner and general manager in sports, and one of the greatest players in NBA history to thank for this opportunity. There is much work to be done as we move forward," Carlisle said in a statement.