Breaking: Louisville standout player sign a blockbuster deal with Cleveland Cavaliers for a maximum of three years and $150.3 million with other conditions.

The former Louisville standout is staying with the Cavaliers despite a lot of discussion regarding his future.

Donovan Mitchell, a former standout player for Louisville, has decided to stay with the Cleveland Cavaliers for a maximum of three years and $150.3 million in contract extensions.

There may also be a player option included in the contract for the 2027–2028 campaign.

The Cavaliers will have the security of keeping their franchise player under contract through the following season thanks to the deal. Mitchell will receive a guaranteed four-year contract worth a total of $185 million now, as well as the opportunity to meet the league’s 10-year service requirement, which will enable him to pursue a five-year extension worth more than $380 million in 2027.

According to sources, Mitchell and his representative, Austin Brown, the co-head of CAA Basketball, met with Koby Altman, the president of basketball operations for the Cavaliers, on Saturday in Los Angeles and came to an agreement over the extension. According to reports, Mitchell’s and his representative’s faith in the organization to continue transforming the Cavaliers into a championship contender and their agreement on how they would work together to accomplish this are major factors in their decision to sign a new contract.

Now that Mitchell’s backcourt partner Darius Garland is involved, all eyes will be on the Cavaliers as they look to position themselves for a championship run. Throughout the season, there were rumors that if Cleveland decided to re-sign Mitchell, the former Vanderbilt Commodore would request a trade.

Last season, Mitchell averaged 26.6 points, career highs of 6.1 assists and 5.1 rebounds per game, and was selected to the All-Star team for the fifth time in a row. In Mitchell’s two seasons with the team, the Cavaliers have advanced to the postseason twice; however, they have lost in the opening round in 2023 and to eventual world champion Boston in the Eastern Conference semifinals this past spring.

Mitchell has made a strong case for himself as the most successful professional to ever graduate from the University of Louisville throughout the course of his seven NBA seasons. He will now concentrate on trying to help his club win in the playoffs, something he hasn’t been able to do in his career.

Congratulations to Don on his most recent success—that is a huge sum of money.