Cleveland Cavaliers All-Star guard Donovan Mitchell has agreed on a three-year, $150.3 million maximum contract extension that includes a player option for the 2027-28 season, sources told ESPN.
The deal delivers the Cavaliers the stability of having their franchise player under contract beyond next season. For Mitchell, it delivers a guaranteed four years, $185 million total now and a chance to reach the league’s 10-year service criteria that would allow him to pursue a five-year extension worth more than $380 million in 2027.
Mitchell and his agent, Austin Brown — co-head of CAA Basketball — met with Cavaliers president of basketball operations Koby Altman on Saturday in Los Angeles and reached an agreement on the extension, sources said. A significant part of Mitchell’s belief in committing on a new deal comes…
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