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Despite being mentioned in trade rumors at times, Donovan Mitchell is committed to the Cleveland Cavaliers. Mitchell and Cleveland agreed to a new three-year, $150.3 million contract on Tuesday that includes a player option for the 2027-28 season, per ESPN's Adrian Wojnarowski .
The agreement was confirmed by Mitchell, who posted the famous "I'm not f--king leaving" clip from The Wolf of Wall Street on X: #LetEmKnow @cavs pic.twitter.com/QU1re4zn0G The structure of the deal is notable because Mitchell was eligible to sign for up to four years and $209 million, but taking a three-year extension with a player option will allow him to potentially hit the market when he is 30 years old.
A look at the Donovan Mitchell extension in Cleveland pic.twitter.com/V2TBkJu6c3 The Louisville product was previously under contract through the 2024-25 season with a player option for the 2025-26 campaign.
Notably, Shams Charania of The Athletic and Stadium reported in May that Cleveland had "a lot of optimism" Mitchell would re-sign on a four-year deal following the firing of head coach J.B. Bickerstaff and subsequent hiring of Kenny Atkinson.
That optimism turned out to be warranted. Mitchell also gave something of a timeline on how he envisioned his contract decision playing out when he told reporters at media day ahead of the 2023-24 season that he would not sign the extension that year but could still do so in the future. "I want it to be known that I still have the opportunity to sign an e.