Jordan was set to make $24.1 million under the four-year, $87.6 million contract he signed to stay with the team that drafted him in 2008.
Jordan opted out of his contract with the Clippers this week.
Going back to Nowitzki, the sweet-shooting power forward is not going anywhere despite the cancellation of this contract. Although his blocked shots dropped significantly last season, Jordan gives the Mavericks a rim presence they have coveted.
DeAndre Jordan #6 of the LA Clippers grabs the rebound against the Golden State Warriors on January 10, 2018 at ORACLE Arena in Oakland, California.
According to Shams Charania of Yahoo Sports, the Mavs are expected to use the roughly $5 million in salary cap space they have remaining to re-sign Dirk Nowitzki.
The one-year deal gives both sides flexibility beyond next season, but is a sign the Mavericks are exhausted of rebuilding after consecutive losing seasons for the first time in almost 20 years. The Clippers traded Blake Griffin to the Detroit Pistons last winter and Chris Paul to the Houston Rockets last summer.
The Mavericks are two years into their own reconstruction, with 2017 first-round pick Dennis Smith Jr. joined by another player who will begin his National Basketball Association career as a teenager in European standout Luka Doncic.
And amid reports that National Basketball Association champions the Golden State Warriors could make an unlikely bid for Jordan, the Clippers seemingly confirmed his imminent exit. He averaged 12 points per game last season.