Dallas, TX -- (Sports Network) - The Dallas Mavericks re-signed point guard Jason Kidd on Saturday. Per team policy, terms of the deal were not released.

The Dallas Morning News reported earlier in the week that Kidd had agreed on a three-year pact worth more than $25 million to stay in Dallas -- that according to team owner Mark Cuban. Reports also indicated that the Knicks had been pursuing the 36-year-old but New York reportedly could not match the type of salary Dallas was able to offer.

Kidd helped the Mavs go 50-32 in his first full season with the team since being acquired from New Jersey during the 2007-08 campaign. In 81 games for Dallas in 2008-09, he averaged 9.0 points, 8.7 assists and 6.2 rebounds.

A 15-year veteran, Kidd is currently in his second stint with the Mavs after being drafted by the team with the second overall pick of the 1994 draft out of California. For his career, with the Mavericks, Suns and Nets -- whom he helped to two consecutive NBA Finals -- he averages 13.8 points, 9.2 assists and 6.7 rebounds in 1,107 regular season games.