Donovan Mitchell Signs $150.3 Million Contract with Cleveland Cavaliers
In a major move for the Cleveland Cavaliers, All-Star guard Donovan Mitchell has reportedly agreed to sign a three-year, $150.3 million maximum-level contract with the team. The deal includes a player option for the third year, giving Mitchell the option to explore free agency when he becomes eligible for a lucrative extension.
Mitchell, who confirmed his decision to stay with the Cavs in a social media post, had an impressive season in 2023-24, averaging 26.6 points and a career-best 6.1 assists per game. Despite being limited to 55 regular-season games due to injury, he made a significant impact in the postseason before suffering a groin injury.
The 27-year-old guard now has the framework of a four-year contract, including the final year of his previous deal, worth a total of $185 million. This deal solidifies Mitchell’s future with the Cavaliers and positions him as a key player for the team in the coming seasons.
In other NBA news, four-time All-Star point guard Kemba Walker has announced his retirement from the league. Walker, who had a successful career playing for teams like the Charlotte Hornets, Boston Celtics, New York Knicks, and Dallas Mavericks, expressed gratitude for his time in the NBA and reflected on his journey in a heartfelt statement.
Additionally, Golden State Warriors star Stephen Curry bid farewell to his longtime teammate Klay Thompson, who is reportedly headed to the Dallas Mavericks in a sign-and-trade deal. Curry shared a series of photos on social media, highlighting the success of the “Splash Brothers” duo and acknowledging Thompson’s contributions to their championship runs.
The Warriors have also made moves to acquire forward Kyle Anderson from the Minnesota Timberwolves in a sign-and-trade agreement. Anderson, who had a solid season with the Wolves, will join the Warriors on a three-year, $27 million contract, adding depth to their roster for the upcoming season.
Meanwhile, the Los Angeles Lakers made headlines by guaranteeing the rookie contract for second-round draft pick Bronny James, son of NBA superstar LeBron James. Bronny, who was drafted 55th overall, expressed excitement about joining the Lakers and continuing his basketball journey alongside his father.
In other free agency news, the Orlando Magic have re-signed center Moritz Wagner to a two-year, $22 million contract. Wagner, who had a productive season with the Magic, will return to the team and continue playing alongside his brother, Franz Wagner.
Lastly, the Indiana Pacers have signed former No. 2 overall draft pick James Wiseman to a two-year contract. The 23-year-old center, who previously played for the Detroit Pistons and Golden State Warriors, brings a valuable skill set to the Pacers and adds depth to their frontcourt.
Overall, the NBA offseason is in full swing with players signing new contracts, retiring, and changing teams in preparation for the upcoming season. Fans can expect more exciting moves and announcements as teams gear up for the next chapter in the league’s history.
–Field Level Media
