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Dirk Nowitzki officially signs with the Dallas Mavericks for 3 years, $25 million

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And all is right with the world.

Jerome Miron-USA TODAY Sports

We all knew Dirk Nowitzki would be a Maverick for life, but his new three-year contract with the Dallas Mavericks is now official. It's worth $25 million according to ESPN's Marc Stein, a further discount on the $30 million it had already been reported Dirk agreeing to.

With him making about two million fewer dollars than before, it gives the Mavericks a little added room in free agency as they look to fill their final three roster spots and officially re-sign Devin Harris (they have reached verbal agreement).

Marc Stein also reported that both Houston and the LA Lakers offered Dirk a max deal when free agency started, which he kindly rebuffed. The Mavericks are so lucky to have him. We are so lucky.

Here's a video of Dirk signing "We are the Champions," because it just feels appropriate, you know?

Update: Dirk signing for less, as the reported deals have gone so far, would mean that the Mavericks open up about $1.3 million in cap space, but sources close to Devin Harris are indicating that he will take a 4 year $16 million dollar deal (that starts lower and increases over the years), meaning that Dallas will have some money below the cap, but not enough to sign any players above the minimum salary with any means other than the Mini-Mid Level Exception.