Donovan Mitchell agrees to sign a three-year, $150.3 million maximum-level contract with the Cleveland Cavaliers, as reported by multiple sources on Tuesday.
This deal includes a player option for the third year (2027-28), giving the All-Star guard the opportunity to return to free agency when he becomes eligible for a five-year, $380 million extension.
This arrangement effectively forms a four-year contract worth $185 million, factoring in the final year of his current deal. Donovan Mitchell confirmed his commitment to the Cavaliers in a social media post early Tuesday. At 27, he led the Cavaliers to the second round of the 2024 playoffs with outstanding performances in the last two games against the Orlando Magic.
During the 2023-24 season, he averaged 26.6 points and a career-high 6.1 assists per game, though he was limited to 55 regular-season games. A groin injury forced him out of the lineup for the final two games of the second-round series against the Boston Celtics.
Mitchell’s extension not only provides financial security but also aligns his trajectory with the Cavaliers’ long-term plans. Since arriving in Cleveland from the Utah Jazz in a blockbuster trade, Mitchell has been instrumental in the team’s resurgence, guiding them to consecutive playoff appearances.
For Cleveland, locking in Mitchell with this extension signifies stability and continuity in their pursuit of NBA success. With new head coach Kenny Atkinson at the helm, the Cavaliers are poised to build upon their recent achievements and elevate their competitive standing in the Eastern Conference.
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