The Dallas Mavericks wasted no time and took no chances on losing promising forward Dwight Powell to free agency.
Powell, a restricted free agent, agreed to a four-year, $37 million deal late Sunday, a source said. The fourth year of the deal includes a player option.
Also late Sunday, the Mavericks agreed to a deal with veteran point guard Deron Williams, according to the source. Terms were not released, but ESPN reported that it is a one-year deal for $10 million.
Williams, who averaged 14.1 points and 5.8 assists last season with the Mavericks, had opted out of the second year of his previous contract with Dallas and reportedly was seeking a multiyear deal.
Powell could have received contract offers from other NBA teams beginning Thursday. The Mavericks then would have had three days to match it or lose him without any compensation.
But the deal late Sunday nixes any chance of losing Powell in free agency.
Powell (6-foot-11, 240 pounds), who has two NBA seasons under his belt, turned heads this past season with his ability to rebound, defend and score from the perimeter.
Most of the time when he was afforded playing time, he produced and — along with rookie Justin Anderson — supplied the Mavs with energy off the bench. He can play power forward and also also spent some time at center last season.
Dwight Powell averaged 5.8 points and four rebounds in 14.4 minutes per game last season.
Powell, who turns 25 on July 20, averaged 5.8 points and four rebounds in 14.4 minutes while playing 69 games last season. He also averaged six points and 4.3 rebounds in 16 minutes in four playoff games against Oklahoma City in April.
Powell’s leaping ability and knack for running the court and energizing owner Mark Cuban’s team have impressed the Mavs since they acquired him in the Dec. 18, 2014 trade that brought point guard Rajon Rondo to Dallas.
In fact, Donnie Nelson, the Mavs’ president of basketball operations, now affectionately refers to the deal as “The Dwight Powell trade.”