Photo: Cleveland Cavaliers/X

Donovan Mitchell and the Cleveland Cavaliers have come to terms on a three-year contract extension worth $150.3 million, which is the maximum allowed. Mitchell will have the choice to decide on his contract for the 2027-28 season.

With this extension, Mitchell is guaranteed $185 million over four years. He will also have the chance to negotiate a longer extension in 2027, potentially worth over $380 million, once he has completed 10 years in the league.