Former Dallas Maverick Declines Option, Re-Signs New Deal With Washington Wizards

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Former Dallas Maverick Declines Option, Re-Signs New Deal With Washington Wizards
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The veteran center signs a new deal to remain with the Wizards after a midseason trade away from Dallas

Free agency begins in less than 24 hours for the NBA, so teams are trying to secure their players before they hit the open market, and other players had to decide on their player options before free agency begins. One such player is former Maverick Richaun Holmes.

Holmes was sent to the Washington Wizards at the trade deadline in exchange for Daniel Gafford and some draft compensation, a move that helped the Mavericks reach the NBA Finals this season. He had a player option worth $12.8 million, but according toIt's a unique deal for Holmes that slightly lowers his cap hit to $12.6 million in the 2024-25 season, while only guaranteeing $250,000 of the $13.3 million he could earn in the 2025-26 season.

Holmes averaged 7.1 PPG and 6.1 RPG in his 17 games with the Wizards. He only played in 23 games for the Mavericks after Dallas acquired him during the 2023 NBA Draft as part of the deal that landed the Mavs promising rookie Olivier-Maxence Prosper. He was disappointed with his lack of playing time but would've certainly picked up his option to remain with the Mavs had he still been on the team.Mavericks Trade Tim Hardaway Jr.

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