The Cleveland Cavaliers and superstar guard Donovan Mitchell have reportedly agreed to a new four-year $273 million contract extension according to ESPN’s Shams Charania.
Mitchell could have waited until next offseason for an extra year on the deal, along with an additional $80 million tacked on. Instead, Mitchell signed on the first possible day he was able to. The deal keeps Mitchell in town through the 2029-30 season, which is a year after the last pick is owed to the Utah Jazz for the initial trade that made him a Cavalier.
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This is the second contract extension Mitchell has received from the Cavs, and a vote of confidence in Cleveland’s front office to remedy the roster issues for another run at a title this upcoming season. Mitchell was entering the final year of his deal, which will now be replaced by this extension. In all four seasons in Cleveland, Mitchell has been named an All-Star each season, achieved All-NBA status three times, and produced some of the best statistical seasons of his career.
The Cavs have yet to agree to terms with free agent James Harden, though the two sides are reportedly working through a revised deal that would lower his annual salary. Mitchell was an advocate of acquiring Harden at the trade deadline, to which the front office made happen at the expense of Darius Garland. There is no doubt that Mitchell has had at least some level of significant influence in front office decisions. There is another future Hall of Fame player he would also be interested in teaming up with.
According to Charania, Mitchell could also be open to playing alongside LeBron James should he return to Cleveland this summer. The Cavs are one of several teams interested in signing James, though Cleveland appears to be the front runner.
