Cavaliers re-sign Evan Mobley: Five-year maximum contract extension could be worth a reported $269 million

Mobley is coming off a career year for Cleveland

By James Herbert Jul 23, 2024 at 1:18 pm ET• 2 min read

Evan Mobley has re-signed with the Cleveland Cavaliers, the team announced on Tuesday. It's a five-year contract extension, Mobley's agents told ESPN's Adrian Wojnarowski, and it's a max deal worth a projected $224 million, but it could be worth up to $269 million if he meets the 30% max criteria.

This deal is structured similarly to the contract extensions signed this offseason by Detroit Pistons guard Cade Cunningham, Toronto Raptors forward Scottie Barnes and Orlando Magic forward Franz Wagner, all of whom, along with Mobley, are members of the 2021 draft class. Each of them will make a projected $52 million in Year 5 (2029-30).  

Per 36 minutes, Mobley averaged 18.4 points (on 62.5% true shooting), 11.0 rebounds, 3.8 assists and 2.8 combined blocks and steals last season, all of which were career highs. He has been an elite defender since his rookie season, and the Cavaliers are betting that he will continue growing offensively. Mobley's usage rate has been around 20% in each of his first three seasons; while his face-up game has promise, he has been much more of a play finisher and connective passer than an initiator.

"We are thrilled to sign Evan to a long-term extension, solidifying his place as a cornerstone of our franchise," Cavaliers President of Basketball Operations Koby Altman said in a team statement. "Evan has quickly established himself as one of the premier defensive players in the league, and we've only scratched the surface of his overall potential. Since drafting him, he only knows winning basketball and has proven to be pivotal to our team's success."