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Mitchell, 24, rapidly developed into one of the most explosive and popular young players in the NBA, an instantaneous franchise cornerstone for the Jazz organization.
The deal includes a 30% escalator clause that would turn the guaranteed $163 million base into $195 million should Mitchell be voted onto one of the three All-NBA teams, sources said. The deal also includes a player option after the fourth year, sources told ESPN’s Bobby Marks.
Talks moved quickly on the maximum extension, with Sullivan and Brown finalizing terms on Sunday morning with Jazz president Dennis Lindsey and general manager Justin Zanik, sources said.
Mitchell has career averages of 22.7 points and 4.0 assists in the regular season and has been even better in the playoffs.
Mitchell has averaged 27.3 points in 23 career playoff games, including 36.3 points in last season’s seven-game, first-round loss to the Denver Nuggets, when he joined Michael Jordan and Allen Iverson as the only players in