Donovan Mitchell commits to five-year extension with Jazz that could reach $195 million

All-Star Donovan Mitchell committed to a five-year rookie extension with the Utah Jazz, a deal that will pay him a guaranteed $163 million and could reach as high as $195 million based on incentives, a person familiar with the agreement told USA TODAY Sports.

The person requested anonymity because he was not authorized to speak until the contract is signed.

This is a major move for the Jazz, their front office and incoming owner Ryan Smith.

Mitchell, a premier scorer whose overall game continues to improve, is one of the league’s bright young stars and put a spectacular performance inside the bubble. The 24-year-old averaged 24 points, 4.4 rebounds and 4.3 assists last season while shooting 44.9% from the field and 36.6% on 3-pointers in his third NBA season.

Jazz star Donovan Mitchell averaged 24 points last season. (Photo: Mike Ehrmann, USA TODAY Sports)

In the bubble during the playoffs, Mitchell had two 50-point games and scored at least 30 points in five of Utah’s seven first-round games.

If Donovan makes first-, second- or third-team All-NBA or wins MVP, the value of his contract increases.

Several teams were expected to take a run at Mitchell if he became a restricted free agent following the 2020-21 season. But this agreement puts that to rest and removes him from the free-agent market.

It’s also a great sign for the Jazz and Jazz fans that Smith wants to invest in the product on the court.

Donovan's agents, Ty Sullivan and Austin Brown of CAA, confirmed the deal to ESPN.

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