Sources – Donovan Mitchell, Cavaliers agree to 3-year, $150.3M extension

Cleveland Cavaliers All-Star guard Donovan Mitchell has agreed on a 3-yr, $150.3 million most contract extension that features a participant possibility for the 2027-28 season, sources advised ESPN.

The deal delivers the Cavaliers the soundness of getting their franchise participant below contract past subsequent season. For Mitchell, it delivers a assured 4 years, $185 million whole now and an opportunity to attain the league’s 10-yr service standards that will enable him to pursue a 5-yr extension value greater 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 settlement on the extension, sources mentioned. A major a part of Mitchell’s perception in committing on a brand new deal comes along with his and his consultant’s confidence within the group to maintain constructing the Cavaliers right into a championship contender and an alignment on a partnership of how they will play a component in doing it collectively, sources mentioned.

Since buying Mitchell from the Utah Jazz on the commerce deadline two years in the past, the Cavaliers have made consecutive playoff appearances — together with advancing to the Eastern Conference semifinals final season.

Mitchell had 89 factors in Games 6 and seven of a gap-spherical playoff collection victory over the Orlando Magic, second most in NBA postseason historical past for Games 6 and seven, in accordance to ESPN Stats & Information analysis.

Mitchell, 27, has been an All-Star in 5 straight seasons and averaged 26.6 factors within the 2023-24 season — becoming a member of solely LeBron James in franchise historical past to accomplish that in a number of seasons, in accordance to ESPN Stats & Information.

Mitchell is the primary guard to common a minimal of 20 factors in every of his first seven NBA seasons since Allen Iverson. He additionally averaged profession highs in assists (6.1) and steals (1.8) a yr in the past — rating third in steals per recreation and sixth in deflections league-huge.