Technically, Mitchell could sign a mammoth extension with the Cavs right now, The Athletic reports, but he already made clear Monday that isn’t going to happen.
The All-Star guard could sign an extension now, though it will be more lucrative to do so next summer.
It’s the jersey Mitchell will be wearing next season that is most important to Cleveland fans. His current contract says it will be a Cavs jersey. Reality may dictate otherwise. No one will argue that Antetokounmpo is in a tier above Mitchell. Nevertheless, the fact they are on parallel contracts is fascinating because there are only so many franchises equipped to pull off these blockbuster trades.
League rules dictate a player can only be under team control for a total of five years. Since the Cavs already have him for the next two, the most Mitchell could sign for right now is three years and about $152 million.’s Danny Leroux’s cap projections. It’s a difference of about $60 million just by waiting an extra year. Of course he’s going to wait.
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