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Cavs President Believes Mitchell Will Sign Extension

July 2, 2024 by Hoops Rumors

Cavaliers president of basketball operations Koby Altman expressed optimism that the club will reach an extension agreement with star guard Donovan Mitchell this offseason, Chris Fedor of the Cleveland Plain Dealer reports.

Altman and new head coach Kenny Atkinson visited Mitchell this past weekend in Los Angeles when the guard hosted a summer camp.

“We feel good about Donovan,” Altman said. “He’s in a great space mentally. He’s healthy. He was out there with those young high school players, hooping in a really good space. Really enjoyed the fact that him and Kenny could sit down and talk about the future, talk about the team. He is still under contract right now, so I think we can talk about him as a Cavalier. He’s invested. He’s really invested in what we’re doing, and hopefully soon we’ll have more of a decisive answer on [a contract extension] for you. But he’s been great. He’s been super involved and super collaborative and very, very much pro-Cleveland.”

Mitchell is eligible to sign a four-year, $200MM+ extension as early as Saturday (July 6), when the league’s moratorium ends. A new deal would see the see the 27-year-old decline his $37.1MM player option for 2025/26. He’ll make $35.41MM in ’24/25.

Mitchell’s involvement with the franchise this offseason included his input during the Cavs’ coaching search. He had a conversation with Atkinson and at least one other candidate during the search, according to Fedor. Mitchell endorsed the hiring of the former Warriors assistant.

Atkinson said they connected on a personal level. That’s a key, since Mitchell reportedly was unhappy with former coach J.B. Bickerstaff last season over a number of issues.

“We had a great sitdown,” Atkinson said. “We also have a little bit of East Coast, similar backgrounds. We didn’t grow up far from each other really, if you think about it.”

If Mitchell decides not to sign an extension, Cleveland would look into potential trades, Fedor writes. However, he says all the momentum is headed in the other direction.

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