The Mavericks finished fourth in the Southwest Division and seventh in the Western Conference with a 50–32 record.
Both second round picks the Mavericks had were traded one day prior to the draft to the New York Knicks along with José Calderón, Samuel Dalembert, Shane Larkin, and Wayne Ellington for Tyson Chandler and Raymond Felton.
[4][5] On July 10, the Mavs submitted a three-year, $46 million offer sheet signed by restricted free agent Chandler Parsons to the Houston Rockets.
[9][10] On July 14, Greg Smith came to the Mavs through a trade with the Chicago Bulls for the rights to Tadija Dragićević.
[12] After closing the deal on July 19,[13] his contract was voided four days later, as it was announced that he failed the physical test and required a knee surgery.
[31] On October 29, 2014, the Mavericks signed José Juan Barea[32] and waived Gal Mekel.