Nowitzki, Parsons sign contracts with Dallas

Posted at 07/16/2014 5:33 PM

The Dallas Mavericks confirmed Tuesday that All-Star forward Dirk Nowitzki and forward Chandler Parsons signed contracts with the team.

The Mavs did not release details, but Nowitzki's deal was believed to be three years and $25 million, according to multiple reports.

Parsons, a restricted free agent, signed a three-year, $46-million offer sheet with the Mavericks last Thursday that the Houston Rockets declined to match.

The 36-year-old Nowitzki has played all 16 of his NBA seasons with Dallas, leading the Mavs to the 2011 title.

Parsons spent three seasons with the Rockets and averaged 14.1 points, 5.2 rebounds, 3.3 assists and 1.1 steals in 213 games, including 207 starts.

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The Memphis Grizzlies re-signed guard Beno Udrih to a multi-year contract on Tuesday.

The team did not disclose financial terms of the deal. Udrih averaged 4.9 points, 1.4 rebounds and 2.8 assists in 41 games for the New York Knicks and the Grizzlies last season.

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Free-agent forward Kris Humphries is headed to the Washington Wizards after reaching agreement on a three-year, $13-million deal, Yahoo Sports reported Tuesday.

The Wizards were in the process of completing a sign-and-trade deal with the Boston Celtics that allows Humphries to come in below the team's salary cap, according to the Yahoo report.

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The Phoenix Suns announced guard Ishmael Smith was waived. Acquired from the Milwaukee Bucks last offseason, Smith averaged 3.7 points, 2.6 assists and 1.8 rebounds in 70 games.