The Dallas Mavericks and their head coach Rick Carlisle have reached an agreement on a lucrative contract extension. Via ESPN.com:

Coach Rick Carlisle and the Dallas Mavericks have come to terms on a new contract extension.

Sources told ESPN.com the extension is a new five-year deal in the $35 million range that will make Carlisle the league’s highest-paid coach among those without a dual executive role and will take him well into his second decade with the club.

Given all that he has done for the franchise, it is little surprise that the Mavericks are giving Rick Carlisle this kind of extension. He coached them to their first ever NBA title and has emerged as one of the best coaches in the NBA.

—Ben Parker: follow me on twitter @nba_lord