Watch CBS News

Rick Carlisle Agrees To Five-Year Extension With Mavs

DALLAS (105.3 The Fan) - The Dallas Mavericks have agreed to a contract extension with Rick Carlisle. Terms of the policy were not disclosed, however, reports have said that the contract is worth $35 Million over five years.

"We are excited to retain Coach Carlisle in the Mavericks family," Owner Mark Cuban said. "He is a championship-caliber coach that has made this organization better on and off the court."

Carlisle became the all-time wins leader of the Mavericks when they won at the Lakers on Sunday. Carlise holds a record of 340-222 with Dallas.

"Mark Cuban, Donnie Nelson and Dirk Nowitzki are the reason an extension like this is possible," Carlisle said. "I have the 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 was hired by the Mavericks in May of 2008 and is the third-longest tenured head coach in the NBA.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.