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New York Post
Evan Mobley agrees to 5-year, $224 million rookie contract extension with Cavaliers
By Associated Press,
1 day ago
CLEVELAND — Cavaliers forward Evan Mobley has agreed to a five-year, $224 million contract extension with Cleveland, a person familiar with the negotiations told The Associated Press on Saturday night.
Mobley has blossomed into one of the NBA’s brightest young stars since being drafted with the No. 3 overall pick in 2021.
The 23-year-old’s new deal could be worth up to $269 million if he reaches incentives, said the person who spoke on condition of anonymity because terms have not been finalized.
Evan Mobley Getty Images
Mobley’s agents, Joe Smith and Thad Foucher, first told ESPN about the extension.
The sides have been talking about a deal for weeks.
Mobley’s agreement is the latest positive development this summer for the Cavs, who after hiring Kenny Atkinson as coach signed All-Star guard Donovan Mitchell to a three-year, $150.3 million extension.
Mitchell and Mobley are the main pieces in a Cleveland core that helped the Cavs win 99 games the past two seasons.
They made it to the second round of the playoffs this season before being eliminated by the eventual champion Boston Celtics in five games.
Mobley has averaged 15.6 points, 8.8 rebounds and 2.8 assists in his first three seasons as a pro.
The former Southern California standout is already one of the league’s premiere defensive players, and the Cavs are hoping he’ll further develop his offensive game.
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