The cavaliers have agreed to an exchange with the Jazz and will acquire stargazing Donovan Mitchellsources tell ESPN’s Adrian Wojnarowski (Twitter link).
According to Wojnarowski (via Twitter), Cleveland will send three unprotected first-round picks and two pick swaps to Utah as part of the deal. Lauri Markkanenfirst round choice Ochai Agbajicand Collin Sexton are also going to the Jazz in the blockbuster trade, Chris Haynes of Yahoo Sports reports (Twitter link).
Sexton is a restricted free agent, so he must be signed and traded as part of the deal. His new deal with the Jazz will be worth $72 million in four years and will be fully guaranteed, according to Shams Charania of The Athletic (Twitter left).
The three first-round picks going to Utah are in 2025, 2027 and 2029, as Cleveland already owes its lottery-protected 2023 first round to Indiana, as does ESPN’s Bobby Marks tweets. The Jazz will be able to swap first-rounders with the Cavs in 2026 and 2028, tweets Wojnarowski.
Arizona Sports 98.7’s John Gambadoro first identified the Cavaliers as a team with an interest in Mitchell last week, and SNY.tv’s Ian Begley went on to report that Cleveland had “touched” base with Utah over the three-time All-Star guard.
Still, today’s news comes as a big surprise. Begley reported last Friday that the Cavs withdrew from the Mitchell negotiations, while ESPN’s Brian Windhorst said Cleveland had made it clear to the Jazz in their previous talks that Darius Garland, Evan Mobleyand Jarrett Allen were not on the table. That seemingly made it difficult for the Cavs to meet Utah’s asking price.
However, the Cavs pack includes most of the other notable assets they have at their disposal, including all of their tradable first-round picks, this year’s number 14 overall roster (Agbaji), and Sexton, who is just a year away from a average of 24.3. PPG and 4.4 APG at .475/.371/.815 shooting in 60 games (35.3 MPG).
With a core of Mitchell, Garland, Mobley and Allen, the Cavs will be led by a pair of star duos – an attacking pair in the backcourt and an edge protection duo in the frontcourt.
All those cornerstone players are under contract for several years. Garland signed another five-year extension this off-season, Mobley’s rookie contract runs through 2025, Allen is in the second year of a five-year deal, and Mitchell is stuck until at least the 2024/25 season (he has a player option for ‘ 25/26).
The Knicks have long been seen as the frontrunners for Mitchell, but they were never willing to offer more than two unprotected first-round picks (among other protected first-round picks), according to Bleacher Report’s Jake Fischer (Twitter link). Unprotected picks and swaps in the first round were the trading chips that Danny Ainge and the Jazz most coveted, as was the case when they got a similar return in exchange for Rudy Gobert earlier this summer.
The Knicks and Jazz reportedly reached an impasse earlier this week when the Knicks set an informal Monday night deadline to either agree to or extend a Mitchell trade. RJ Barrett, which has been discussed as a possible midpoint in several permutations of a Mitchell deal. New York has finally decided to sign Barrett at an extensionwho made salary matching in a potential trade more difficult due to the poison pill provision and which temporarily halted trade talks.
While there was an expectation that the Knicks and Jazz would rejoin in the coming weeks, their standoff opened the door for Cavs general manager Koby Altman to return to Utah general manager Justin Zanikaccording to Wojnarowski, who says (via Twitter) that the two teams had “reassembled” a deal they had discussed in the previous weeks.
More to come…