Donovan Mitchell Signs Max Contract Extension with Cavaliers

Donovan Mitchell has agreed to sign a four-year, $273 million maximum contract extension with the Cleveland Cavaliers, according to Shams Charania.

Mitchell, who is coming off one of his best seasons with the Cavaliers, locks in a new deal that also includes a player option for the 2030-31 season.

He could have opted to wait until next year to sign an extension, a decision that would have netted him an extra $80 million, but ultimately decided to commit to the city of Cleveland now.

Mitchell led the Cavaliers to their first Eastern Conference Finals appearance since 2018 and is now entering his second contract extension with the team since arriving in 2022.

Mitchell has taken his game to the next level since his trade to Cleveland, earning All-Star honors in each of his four seasons with the Cavaliers. He has also been named to an All-NBA Team three times, making the First Team in 2025 and the Second Team in 2023 and 2026.

During the 2025-26 season, Mitchell averaged 27.9 points, 4.5 rebounds and 5.7 assists while shooting 48.3% from the field and 36.4% from three-point range.

Mitchell will continue to be the leader of a talented Cavaliers squad that will be eager to return to the Eastern Conference Finals after being swept 4-0 by the Knicks in the playoffs.

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