The Utah Jazz have agreed to a five-year, $163 million contract extension with All-Star guard Donovan Mitchell, Adrian Wojnarowski of ESPN reports. The deal will keep Mitchell in Salt Lake City through the 2025-26 season.
The Jazz are able to give Mitchell such a long term despite him having one final year on his rookie deal because they intend to make him a designated rookie.
The total value of the deal could rise to as much as $195 million if Mitchell meets certain pre-established criteria thanks to what is informally known as the Rose Rule. If Mitchell qualifies for All-NBA in 2020-21, he’ll the additional $30 million.
Both the $163 million and $195 million figures are based on a projection for the 2020-21 salary cap figure. They aren’t likely to change considering the league has suggested it will use a $112 million cap next season… but this is 2020.
Mitchell wasted no time taking over as the face of the Jazz franchise three years ago and averaged 24.0 points and 4.3 assists per game in 2019-20. The 24-year-old’s arrival in the organization is among the biggest factors in Utah’s ascent into the playoffs.