Nets reach agreement on extension with Spencer Dinwiddie Global on Dec 14, 2018 07:59 AM
Nets reach agreement on extension with Spencer Dinwiddie
WASHINGTON, DC -  DECEMBER 1: Spencer Dinwiddie #8 of the Brooklyn Nets handles the ball against the Washington Wizards on December 1, 2018 at Capital One Arena in Washington, DC. (Photo by Ned Dishman/NBAE via Getty Images) staff report

One night after scoring a career-high 39 points, Spencer Dinwiddie has agreed in principle to a contract extension with the Brooklyn Nets, the team announced on Thursday (Friday, PHL time).

According to ESPN's Adrian Wojnarowski, the extension is for three years.

The deal is for $34 million, league sources told ESPN's Adrian Wojnarowski. There will be a player option on the third year, sources said.

Dinwiddie was eligible for four years and $47 million, but the sides went with a shorter deal that would get him back into free agency more quickly. His new deal will pay him $10.6 million, $11.4 million and $12.3 million annually starting with the 2019-20 season, sources said.

Dinwiddie, who is averaging 16.9 points and 4.9 assists this season, showed his appreciation on Twitter:

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