Breaking: Free agent guard D'Angelo Russell has agreed on a two-year, $13 million deal with the Dallas Mavericks, sources tell ESPN. Mavericks officials and CAA Co-Heads of Basketball Austin Brown/Aaron Mintz and Antonio Russell reached the new contract after free agency began. pic.twitter.com/eljDwhDSUu

According to ESPN's Shams Charania, the Mavericks signed D'Angelo Russell to a two-year contract worth $13 million on Monday. Dallas used the $5.685 tax mid-level exception to sign Russell and the team is now $1.6 million below the second apron, per ESPN's Bobby Marks.

Within the first hour of free agency, the Dallas Mavericks agreed to a two-year, $13 million contract with veteran guard D’Angelo Russell, people familiar with the process confirmed to The Dallas Morning News.