Cavaliers' Donovan Mitchell agrees to 3-year, $150.3 million maximum contract extension: Sources

Cleveland Cavaliers guard Donovan Mitchell isn’t going anywhere.

Mitchell agreed to a three-year, $150.3 million maximum contract extension that includes a player option for year three of the deal, league sources confirmed Tuesday.

The five-time All-Star confirmed he’s staying put via a post on X that includes a photo of him on the court and a clip from “The Wolf of Wall Street” in which Jordan Belfort, played by Leonardo DiCaprio, tells his stockbrokers, “I’m not leaving!”

Mitchell’s two best seasons as a pro, at least statistically, have occurred in Cleveland. The 27-year-old made his fifth consecutive All-Star team this season, averaging 26.6 points and career highs of 6.1 assists and 5.1 rebounds per game. He played for most of the second half of the campaign with a bone bruise in his left knee. The injury required multiple absences, a platelet-rich plasma injection in early March, and, at times, a hobbled appearance on the court. He ended the playoffs in street clothes due to a left calf strain, missing the final two games against the Celtics.

A first-round draft pick out of Louisville, Mitchell played the first five seasons of his NBA career with the Utah Jazz. The Cavaliers acquired him via a 2022 trade that saw Cleveland send Collin Sexton, Lauri Markkanen, Ochai Agbaji, three first-round draft picks and two pick swaps to Utah.

This story will be updated.

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(Photo: Jason Miller / Getty Images)

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