[Windhorst] Cavs will likely want to replace Mitchell’s option season with a new contract in July, when they can add four years and up to \(272 million. But Mitchell can, and probably should, wait until 2027... Then, with 10 years of service time, he can sign for five years and about \)350 million
Mitchell doesn’t have to do anything this summer, and that could make the Cavs uneasy. After his \(50 million salary for 2026-27, Mitchell has a player option for \)54 million for ‘27-28.
The Cavs will likely want to replace Mitchell’s option season with a new contract in July, when they can add four years and up to $272 million.
But Mitchell can, and probably should, wait until 2027 to sign a new contract.
Then, with 10 years of service time, he can sign for five years and about $350 million, plus get some perks, such as a no-trade clause.
That is a massive difference in guaranteed money for a player who would be in his mid-30s by the time the extra season kicked in.
But that path would lead to Mitchell becoming an unrestricted free agent, a cloud that would hang over the Cavs next season.
Mitchell has been a consummate franchise player since arriving in 2022, and he has never publicly hinted that he wanted to leave. He extended his contract in 2024, and the Cavs were well aware then that this pinch point would come, regardless of how the team performed.
Nonetheless, it’s uncomfortable, especially if the team still hasn’t reached the heights many expected at this point in the union.
Then, there is the topic no one wants to discuss.
After subpar showings in Games 5 and 6 with Ausar Thompson and Cunningham hounding him, if Mitchell can’t carry the Cavs in Game 7, where does that leave the franchise when it considers paying him $80 million when he’s 35?
Would a disappointing end to this season and contract uncertainty nudge the Cavs to evaluate their centerpiece?
Mitchell, who is about to make his second consecutive All-NBA team, is arguably the second-best player in franchise history after LeBron James, and Mitchell is in his prime. For these reasons, the answer is probably a firm “no.”