Donovan Mitchell signs $273 million four‑year extension with Cleveland Cavaliers

All-Star guard Donovan Mitchell agreed to a four‑year maximum contract extension with the Cleveland Cavaliers worth $273 million, including a player option for the 2030‑31 season valued at $76 million and a full trade kicker. The deal, announced on May 25, makes Mitchell’s total contract the fourth‑largest in NBA history and sets a new record for average annual salary at about $68 million.

Mitchell, 29, averaged 27.9 points, 5.7 assists and 4.5 rebounds in the 2025‑26 season, leading the Cavs to their first Eastern Conference Finals since 2018. In his comments after the loss to the New York Knicks, he said, “I love being here… we have unfinished business.” The extension solidifies the franchise’s core alongside center Evan Mobley and strengthens Cleveland’s position in free‑agency talks surrounding LeBron James and James Harden.

The contract replaces Mitchell’s previous player option and ties him to the Cavs through at least the 2029‑30 season, positioning Cleveland to remain a contender in the Western‑conference‑balanced NBA landscape.