CLEVELAND (AP) — Donovan Mitchell has agreed to a four-year, $273 million contract extension with the Cleveland Cavaliers, a person familiar with the deal told The Associated Press on Tuesday.The person spoke to the AP on condition of anonymity because the extension had not been announced. Tuesday was the first day that the Cavaliers could offer Mitchell the extension. The seven-time All-Star had two seasons remaining on his contract and could have waited to re-sign until next summer, when he would be eligible for a five-year supermax deal worth $350 million.The extension includes a $76 million player option for the 2030-31 season and a full trade kicker, the person said.“I love it here. I don’t know how else to say it. I have no doubt these guys can get there. We have unfinished business,” Mitchell said on May 25 after the Cavaliers were swept by the New York Knicks in the Eastern Conference finals.
For now, it is the fourth-biggest contract in terms of total value in NBA history behind the $314 million contract Boston gave to Jayson Tatum, the $285 million deal that the Celtics gave to Jaylen Brown -- who now plays for Philadelphia -- and the $276 million deal that Nikola Jokic currently has with Denver.
