The Cavaliers have agreed for star shooting guard Donovan Mitchell; sources told ESPN's Adrian Wojnarowski.
According to Wojnarowski, Cleveland will send three unprotected first-round picks and two pick trades.
According to Shams Charania of The Athletic, his new contract with the Jazz will be worth $72 million over four years and fully guaranteed.
Cleveland already owes its lottery-protected 2023 first-round pick to Indiana, ESPN's Bobby Marks. The Jazz will be able to trade first-round players with the Cavs in 2026 and 2028, Wojnarowski.
Arizona Sports 98.7's John Gambadoro first identified the Cavaliers last week as a team interested in Mitchell, and SNY.tv's Ian Begley subsequently reported that Cleveland had "touched base" with Utah on the three-time All-Star point guard.
Still, Thursday's news is a big surprise. pulling out of the Mitchell negotiations. At the same time, ESPN's Brian Windhorst said Cleveland had made it clear to the Jazz in their previous discussions that Darius Garland, Evan Mobley, and Jarrett Allen were not at the table...
Notable assets at their disposal, including all of their tradable first-round picks, this year's 14th overall pick (Agbaji), and Sexton, who is just a year away, an offensive-minded pair on defense and a rim-guarding duo on offense, and Mitchell is insured through at least the 2024-25 season. (He has a player option for '25-26.)
For a long time, the Knicks had been Mitchell's top contender. Still, according to Bleacher Report's Jake Fischer.
Unprotected first-round picks and trades had been the trading chip. Mitchell trade or extend RJ Barrett. He was being discussed as a possible centerpiece in various permutations of a Mitchell agreement.
The Jazz is now in full rebuild mode, having traded both of their All-Stars in the two biggest deals this summer.
Factoring in trades for Mitchell, Gobert, and Royce O'Neale, Utah has acquired eight first-round picks. The Jazz also acquired three pick trades and a pair of players drafted in the first round this June (Agbaji and Walker Kessler).
While the Jazz appears to be in demolition mode, their four-year investment in Sexton suggests it's part of their long-term plans.
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