Time: 2024-07-03
Cleveland Cavaliers star Donovan Mitchell has officially signed a three-year, $150.3 million contract extension with the team, including a player option for the 2027-28 season. This deal not only provides the Cavaliers with the stability of having their franchise player locked in for the future but also gives Mitchell a guaranteed total of $185 million over four years. Furthermore, this extension sets Mitchell up to potentially qualify for a five-year extension worth over $380 million in 2027, depending on the league's service criteria.
Mitchell's decision to commit to the Cavaliers long-term was influenced by a meeting he and his agent, Austin Brown, had with Cavaliers president of basketball operations Koby Altman. The belief in the organization's ability to continue building a championship-contending team was a significant factor in Mitchell's decision. Since being acquired from the Utah Jazz two years ago, Mitchell has helped lead the Cavaliers to consecutive playoff appearances, including a run to the Eastern Conference semifinals last season. His impressive performance in the playoffs, particularly his 89 points in Games 6 and 7 of an opening-round series, solidified his status as a key player on the team.
Mitchell's consistent All-Star appearances over the past five seasons and his scoring prowess have set him apart as one of the top guards in the NBA. His ability to average over 20 points per game in each of his first seven seasons since Allen Iverson is a testament to his offensive skills. Additionally, Mitchell's career-high averages in assists and steals last season further demonstrate his all-around impact on the court, ranking him among the top players in the league in both categories. Moving forward, Mitchell's leadership and on-court contributions will be crucial to the Cavaliers' success as they aim to compete at the highest level in the NBA.
Business
