According to the latest update, the Cleveland Cavaliers have chosen to exercise their option to extend center Evan Mobley's contract for the 2024-25 season.
Mobley is set to earn $8.9 million for the current season and $11.2 million for the 2024-25 season. This 7-foot tall player secured a four-year, $36.7 million rookie deal after being picked as the third overall selection in the 2021 NBA Draft.
At the conclusion of this season, Mobley will become eligible for a rookie-level extension. If a new agreement isn't reached between him and the Cavaliers by that time, he could potentially become a restricted free agent in 2025.
Mobley, who is currently 22 years old, delivered an impressive performance in the previous season, averaging 16.2 points, 9.0 rebounds, 2.8 assists, and 1.5 blocks in 79 games. He earned the third-place spot in the Defensive Player of the Year rankings and was honored with a place on the season's Defensive First Team.
Looking ahead, Mobley and the Cavaliers are all set to kick off their regular season for 2023-24, commencing next Thursday with a game against the Nets in Brooklyn.
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