All-Star guard Kyrie Irving plans to decline a $43 million player option and sign a three-year, $119 million contract extension with the Dallas Mavericks, he confirmed on X.

A person with knowledge of the deal says the Dallas Mavericks and Kyrie Irving have agreed on a $119 million, three-year contract with the All-Star guard still recovering from a torn ACL that will sideline him into the 2025-26 season.

Irving, 33, believes “in this team’s ability when he’s healthy and whole again, potentially in January, February and beyond, to compete for a championship,” Charania said Wednesday on SportsCenter