ESPN’s Shams Charania reports the Cavaliers and Donovan Mitchell have agreed to a four-year, $273 million contract extension.
This is a monster extension for Mitchell, and he’ll have a player option for the 2030-31 season. That would have him making north of $75 million when he’s 34 years old. It may not age well, but Cleveland is going to be competitive for at least the next few years, and the commitment to winning could help them lure LeBron James back home.