Spencer Dinwiddie, Nets Agree to Reported 3-Year, $34 Million Contract Extension

David Zalubowski/Associated Press

The Brooklyn Nets announced they reached an agreement Thursday on a contract extension with point guard Spencer Dinwiddie.

Adrian Wojnarowski of ESPN reported the extension is for three years and $34 million and has a player option for the third season. Dan Feldman of Pro Basketball Talk added context:

The guard shared his thoughts on the pact as well:

Dinwiddie has developed into a reliable role player for the Nets after he bounced around the NBA for the first few years of his career.

The 25-year-old Los Angeles native was a second-round pick of the Detroit Pistons in the 2014 draft. He split two years between the Pistons and the Grand Rapids Drive, the team's G League affiliate, before Detroit traded him the Chicago Bulls in June 2016.

He never appeared in a regular-season game for Chicago and signed with Brooklyn in December 2016 after a short stint with the G League's Windy City Bulls early in the 2016-17 season.

Dinwiddie has averaged 11.5 points, 5.1 assists and 2.9 rebounds across 168 appearances for the Nets over the past two-plus seasons.

1. McCollum and the Blazers Snapped Postseason Losing Streak for "Jennifer"

   

2. Stars Invest in Plant-Based Food as Vegetarianism Sweeps NBA

   

3. The NBA Got Some Wild Techs This Season

   

4. Jarrett Allen Is One of the NBA’s Hottest Rim Protectors

   

5. Wade's Jersey Swaps Created Epic Moments This Season

   

6. Westbrook Makes History While Honoring Nipsey Hussle

   

7. Devin Booker Makes History with Scoring Tear

   

8. 29 Years Ago, Jordan Dropped Career-High 69 Points

   

9. Bosh Is Getting His Jersey Raised to the Rafters in Miami

   

10. Steph Returns to Houston for 1st Time Since His Moon Landing Troll

    

11. Lou Williams Is Coming for a Repeat of Sixth Man of the Year

    

12. Pat Beverley Has the Clippers Stealing the LA Shine

    

13. LeBron Keeps Shredding NBA Record Books

    

14. Young's Hot Streak Is Heating Up the ROY Race with Luka

    

15. LeBron and 2 Chainz Form a Superteam to Release a New Album

    

16. Wade's #OneLastDance Dominated February

    

17. Warriors Fans Go Wild After Unforgettable Moments with Steph

    

18. Eight Years Ago, the Nuggets Traded Melo to the Knicks

    

19. Two Years Ago, the Kings Shipped Boogie to the Pelicans

    

20. ASG Will Be Competitive Again If the NBA Raises the Stakes

    

In November, the University of Colorado product told Michael Scotto of The Athletic he hoped to receive an extension offer.

"Oh, I mean, I'd love to have one," Dinwiddie said. "I'd love to be here. This organization has shown me hospitality and given me an opportunity like I haven't had in the NBA before, so I'm definitely indebted to them, and if they decide to sign me, I'd be one of the happiest players in the league."

He'll remain a part of a promising backcourt rotation with D'Angelo Russell and Caris LeVert as Brooklyn attempts to turn a corner in its rebuild.

Dinwiddie probably won't become a franchise cornerstone for the Nets, but he can provide a consistent offensive spark off the bench, which is always valuable.