The Cleveland Cavaliers and guard Donovan Mitchell have agreed on a four-year, $273 million maximum contract extension, reports ESPN.com.

The deal includes a player option for the 2030-31 season and a full trade kicker. With this new deal, Mitchell won’t join the star-studded free agent class next season, which includes Nikola Jokic and Giannis Antetokounmpo.

Mitchell’s previous contract included a 2027 player option worth $53.8 million.

The 29-year-old Mitchell averaged 27.9 points, 5.7 assists and 4.5 rebounds last season for the Cavaliers, who got to the Eastern Conference Finals before they were swept by the New York Knicks, who went on to win the NBA championship. He was named a second-team All-NBA selection.

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Toronto Raptors forward Kawhi Leonard (2) lifts up the Larry O’Brien Championship Trophy after defeating Golden State Warriors for the NBA Championship in Game 6 of the 2019 NBA Finals at Oracle Arena.

(Kelvin Kuo, USA TODAY Sports)

The Cavaliers might not be done with the offseason as they try to retool their roster, and they are thought to be among the favorites to land free agent LeBron James, who informed the Los Angeles Lakers that he would not be returning for a ninth season.

Mitchell, a seven-time NBA All-Star, was originally traded to Cleveland from the Utah Jazz for Collin Sexton, Lauri Markkanen, Ochai Agbaji, a 2025 first round pick, a 2026 first round pick, a 2027 first round pick, a 2028 first round pick, and a 2029 first round pick

This article originally appeared on USA TODAY: Cavaliers star Donovan Mitchell agrees to four-year, $273M max extension

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