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Cavaliers Rumors: Evan Mobley’s $11.2M Contract Option for 2024-25 Season Exercised

October 20, 2023
in Sports
Cavaliers Rumors: Evan Mobley’s $11.2M Contract Option for 2024-25 Season Exercised
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CLEVELAND, OHIO - OCTOBER 12: Evan Mobley #4 of the Cleveland Cavaliers brings the ball upcourt during the third quarter of a preseason game against the Orlando Magic at Rocket Mortgage Fieldhouse on October 12, 2023 in Cleveland, Ohio. The Magic defeated the Cavaliers 108-105. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Jason Miller/Getty Images)Jason Miller/Getty Images

The Cleveland Cavaliers are ensuring the future of forward Evan Mobley.

Chris Fedor of Cleveland.com reported that the team had exercised the fourth-year option on Mobley Monday, which means he will be under contract through 2024-25.

Chris Fedor @ChrisFedor

#Cavs exercised their fourth-year option on Evan Mobley today, a source tells @clevelanddotcom.

Mobley will make $11.2 million in 2024-25, per Spotrac, and will be a restricted free agent following that season. In two seasons, the 22-year-old has averaged 15.6 points, 8.7 rebounds and 2.7 assists.

The decision to pick up the option on the 2021 No. 3 pick is not too surprising given his solid production and the rising trajectory on the team. Cleveland reached the playoffs in 2022-23 for the first time since 2018 and the first time without LeBron James on the roster since 1998.

While that playoff journey lasted only a single round, Mobley joins Donovan Mitchell and Darius Garland as prime pieces for the team to build around. He would be eligible for a rookie max extension following the 2023-24 season. However, depending on if Garland and Mitchell are still on the roster, Mobley may not be able to sign a full rookie max deal until 2025. Garland and Mitchell are both currently on rookie max extensions, and each team has a limit of two players being on that type of contract.

With that in mind, securing his future and preparing to offer him a lucrative contract after the 2024-25 season is a solid option for the Cavaliers as they look to become a consistent postseason contender in the Eastern Conference.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Bleacher Report – https://bleacherreport.com/articles/10094001-cavaliers-rumors-evan-mobleys-112m-contract-option-for-2024-25-season-exercised

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