What had been obvious since this morning is now official. The Mavericks have struck out on all three of their top free agency targets, as Mike Conley has re-signed with the Memphis Grizzlies on a five-year, $153 million max contract, the richest ever in NBA history.
The Mavericks were believed to be in play to pry Conley away from their division rivals, but the tide quickly shifted after Hassan Whiteside declined the Mavericks offer and returned to Miami. Later on Friday, Chandler Parsons chose to sign a four-year max deal with the Grizzlies, a deal that Conley helped orchestrate.