Donovan Mitchell Signs Four-Year 273 Million Dollar Extension With Cleveland Through 2031
Donovan Mitchell agreed to a four-year, $273 million maximum contract extension with the Cleveland Cavaliers on July 7, 2026, making him the highest-paid player in the NBA by average annual value at approximately $68.25 million per year. The deal, which qualifies under the Designated Veteran Player provision due to Mitchell's three All-NBA selections, includes a player option on the fourth year and a full 15% trade kicker. By signing now rather than waiting for 2027 free agency, Mitchell secured his tenure through the 2030-31 season while forgoing an estimated $80 million he could have earned under a five-year supermax.