The Cleveland Cavaliers are ensuring that All-Star guard Donovan Mitchell, who had been tied to a number of trade destinations recently, will be staying put as they agreed with Mitchell on a three-year, $150.3 million contract extension, according to ESPN’s Adrian Wojnarowski.
It’s a win-win for both sides as the Cavs get to retain one of the premier players in the league and Mitchell secures guaranteed four years, $185 million total now and a chance to reach the league’s 10-year service criteria that would allow Mitchell to then pursue a five-year extension worth more than $380 million in 2027.
Mitchell, 27, has been an All-Star in five straight seasons and averaged 26.6 points this past season for the Cavs. Mitchell is the first guard to average a minimum of 20 points in each of his first seven NBA seasons since Allen Iverson, and averaged career highs in assists (6.1) and steals (1.8) last season.
Since the Cavs acquired Mitchell via a trade with the Utah Jazz at the trade deadline two years ago they have made consecutive playoff appearances, including a run to the Eastern Conference semifinals last season.
