Back to the Cleveland Cavaliers Newsfeed

Cavs' Updated Salary Cap After Donovan Mitchell Contract Rumors In NBA Free Agency

Jesse D. Garrabrant/NBAE via Getty Images

The city of Cleveland can officially exhale. Donovan Mitchell is there to stay.

Mitchell and the Cavaliers agreed to a three-year, $150.3 million contract extension, ESPN's Adrian Wojnarowski reported Tuesday. The All-Star guard could have become an unrestricted free agent next summer, and the Cavs likely would have explored trading Mitchell if he did not agree to an extension.

Instead, Mitchell is under team control for at least the next three seasons and can't become a free agent until 2027. Mitchell's contract will keep its $35.4 million salary for the 2024-25 season, but he will receive a raise to $46.