NBA free agency tracker: Live updates, news as Klay Thompson picks Dallas; Paul George, Tyrese Maxey agree to deals with 76ers

After taking good care of their first order of enterprise by hiring Kenny Atkinson to be their new head coach, the Cavaliers have now checked a very powerful merchandise off their summer time to-do checklist, agreeing to phrases with Donovan Mitchell on a brand new three yr, $150.5 million most contract extension, in keeping with ESPN’s Adrian Wojnarowski.

So why not a four-year extension price over $200 million? It seems that this deal is structured to offer all events what they really need. In response to Woj, this deal provides the Cavs “the soundness of their franchise participant beneath contract past subsequent season.” For Mitchell, he’s now on the “fast-path to the 10-year service standards permitting him to pursue a 5-year, $380M-plus extension in 2027.”

Since touchdown in Northeast Ohio in September 2022, Mitchell has performed one of the best basketball of his seven-year profession, averaging 27.5 factors, 4.6 rebounds, 5.2 assists and 1.6 steals per recreation throughout two seasons in Cleveland. He led the Cavs to consecutive postseason appearances, together with the franchise’s first playoff sequence win since LeBron James left for Los Angeles — and its first sequence win with out James since 1993 — with a first-round victory over the Orlando Magic again in April.

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