The Cleveland Cavaliers have finalized a three-year maximum contract extension with guard Donovan Mitchell valued at $150.3 million, sources confirmed to ESPN’s Adrian Wojnarowski.
Mitchell’s new deal supersedes his previous $37 million player option for the 2025-26 season and extends through 2027-28, including a player option for the final year.
This extension ensures Mitchell’s tenure with the Cavaliers will span 10 years by the conclusion of the 2027-28 season, making him eligible for a contract potentially worth up to 35% of the salary cap in its first year.
Had a long-term agreement not been reached, Mitchell would have likely entered unrestricted free agency next summer, prompting the organization to consider offseason trade scenarios to avoid losing the five-time All-Star without compensation. However, Mitchell expressed confidence in the front office’s strategy to enhance the team’s competitiveness.
Mitchell, the Cavaliers’ leading scorer last season with 26.6 points per game, significantly ahead of Darius Garland’s 18 points per game, also contributed 6.1 assists and ranked third on the team in rebounds with 5.1 per game. Since joining Cleveland from the Utah Jazz in 2022, Mitchell achieved a career-high 28.3 points per game in his first season.
An injury to Mitchell’s left knee, a bone bruise, limited his regular-season appearances to 11 games following the All-Star break. Despite this setback, he returned to form during the Cavaliers’ playoff campaign, notably scoring 30 points in the series opener against the Orlando Magic and averaging 28.7 points in a competitive seven-game series in the first round. However, a calf issue sidelined him for the final two games against the Boston Celtics, ending Cleveland’s postseason run in five games.