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(Now) Former Cavaliers Dean Wade and Keon Ellis both have new homes.

It was FANTASTIC. I never was much into basketball, but when my parents were still alive they both told me to watch the Cavs because of Lebron. Man, it was a lotta fun! We all thought a championship just might be possible. Cleveland was so darn proud when we won it all. Yes!

What Donovan Mitchell's $273M contract extension means for Cavs future, LeBron pursuit - CBS Sports
https://www.cbssports.com/nba/news/donovan-mitchell-contract-extension-cavaliers-lebron-pusuit/
The Cleveland Cavaliers and Donovan Mitchell agreed to a four-year, $273 million contract extension on Tuesday that includes a player option for the 2030-31 season and a trade kicker that would ensure he remains at 35% of the cap if dealt.

It's a massive commitment from the Cavs, but one they felt they had to get done to remain a top contender in the East. Despite another disappointing postseason exit, this time getting swept in the Eastern Conference Finals by the eventual champion New York Knicks, the Cavaliers have shown no desire to want to blow things up. Mitchell made clear after that series that he wanted to be back in Cleveland, saying he had "unfinished business" with the Cavaliers, and one day into the official start of the league year, he made clear that he meant it by putting pen to paper on a massive new extension.

Mitchell's extension is the first domino to fall in what the Cavaliers hope is an offseason that finally pushes them over the top -- with LeBron James' return looming as the potential final piece to the puzzle. The last three Eastern Conference champions (two of whom won the Finals) did so a year after losing in the conference finals. Cleveland is hoping its patience is rewarded as the Celtics, Pacers and Knicks were to extend that streak to four in a row in 2026-27. There's still more work to do, but with Mitchell locked up the Cavs can start fully planning for the future.


What Mitchell's extension means for LeBron's possible return
The entire league is awaiting word of what LeBron James will do as he changes teams for a fourth time. The Sixers are in the hunt after trading for Jaylen Brown last week, and there are intriguing options in Golden State and Miami. But the expectation has been growing that LeBron will be coming home for a third and final stint in Cleveland.

So, what does the Mitchell signing mean for James' potential return? Financially, nothing.

Mitchell's new deal won't kick in until 2027-28 and has no impact on the Cavs' cap situation for the 2026-27 season. Should James Harden sign a new deal before LeBron's decision is announced, that would signal The King is going elsewhere, but Mitchell's new contract will have no bearing on James' ability to sign in Cleveland.

That said, Mitchell inking his extension now takes away any concern James may have had that his farewell season back home could be hijacked in any way by a contract dispute or potential trade saga involving Mitchell. Mitchell would've been able to become a free agent next summer, and had he not signed an extension, there could've been some real drama about the Cavs' future that would distract from LeBron's return.

Now the path is cleared for James to come to Cleveland without any concern that he wouldn't be the main topic of conversation or that this Cavs team will look different in late February than it does now due to a Mitchell trade.