Donovan Mitchell Net Worth 2024: Bio, Contracts, Salary, Stats and More Info

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Donovan Mitchell is a professional basketball player who plays as a shooting guard for the Cleveland Cavaliers in the NBA. He was drafted by the Denver Nuggets with the 13th overall pick in the 2017 NBA draft, but was traded to the Utah Jazz on the same night. He played for the Jazz for five seasons, making four All-Star appearances and leading them to the Western Conference Finals in 2021. 

Career Earnings of Donovan Mitchell:

Donovan Mitchell has earned a total of $107,078,036 in career earnings throughout his NBA career, from his rookie season 2017 to the present day. This comprises his total salary of $105,392,126 and his trade kicker of $1,685,910. For the 2023/24 season, he is all set to make a career earning of $32,600,060, the same as his salary.

  • Rookie Contract: Mitchell signed his rookie contract with the Utah Jazz on July 5, 2017. It was a four-year deal worth $14,564,021, with the first two years guaranteed and the last two years as team options. He earned $2,621,280 in his first season, $3,111,480 in his second season, $3,408,525 in his third season, and $5,195,501 in his fourth season.
  • Second Contract: Mitchell signed his second contract with the Utah Jazz on November 23, 2020. It was a five-year max rookie scale extension worth $163,000,300, with a player option for the final year and language for 30% rookie super max. He earned $28,103,500 in his fifth season, and $30,351,780 in his sixth season. He also received a trade kicker of $1,685,910 when he was traded to the Cleveland Cavaliers on September 3, 2022.
  • Third Contract: Mitchell is currently on his third contract with the Cleveland Cavaliers. He is set to earn $32,600,060 in his seventh season, $34,848,340 in his eighth season, and $37,096,620 in his ninth season, which is a player option. He will become an unrestricted free agent in 2026 if he declines his option.
  • Fourth Contract: Mitchell has not signed his fourth contract yet, but he will be eligible to do so in 2025 or 2026, depending on his player option. Based on his performance and the salary cap projections, he could command a maximum contract worth around $250 million over five years, or around $200 million over four years.
  • Current Contract: Mitchell’s current contract is a five-year max rookie scale extension worth $163,000,300, with a player option for the final year and language for 30% rookie super max. He signed it with the Utah Jazz on November 23, 2020, but was traded to the Cleveland Cavaliers on September 3, 2022. He is set to earn $32,600,060 in the 2023/24 season, with a cap hit of $33,162,030.

Contract Milestones and Salary Growth of Donovan Mitchell:

Mitchell has achieved several milestones and significant growth in his contract and salary throughout his NBA career. Some of them are:

  • He was the 13th overall pick in the 2017 NBA draft, and signed a four-year rookie contract worth $14,564,021 with the Utah Jazz.
  • He won the Slam Dunk Contest and made the NBA All-Rookie First Team in his first season, earning $2,621,280.
  • He made his first All-Star appearance and led the Jazz to the Western Conference Finals in his fourth season, earning $5,195,5013.
  • He signed a five-year max rookie scale extension worth $163,000,300 with the Jazz in his fifth season, earning $28,103,500.
  • He made his fourth All-Star appearance and scored a career-high 71 points against the Chicago Bulls in his sixth season, earning $30,351,780.
  • He was traded to the Cleveland Cavaliers and received a trade kicker of $1,685,910 in his sixth season, increasing his total career earnings to $107,078,0363.
  • He is set to earn $32,600,060 in his seventh season, which is more than 12 times his rookie salary.

Key Seasons and Achievements of Donovan Mitchell:

  • Donovan Mitchell is a professional basketball player who plays for the Cleveland Cavaliers in the NBA.
  • He was traded from the Utah Jazz to the Cavaliers in 2022, along with Rudy Gobert and Royce O’Neale, in exchange for Collin Sexton, Jarrett Allen, Isaac Okoro, and two first-round picks.
  • He is a five-time NBA All-Star, having been selected every year since 2020. He was also named to the All-NBA Third Team in 2021 and 2022.
  • He is currently averaging 28.2 points, 5.5 rebounds, 6.4 assists, and 1.9 steals per game in the 2023-24 season, ranking seventh in scoring and third in steals in the league.
  • He led the Cavaliers to the best record in the Eastern Conference at 38-10, and was named the Eastern Conference Player of the Month for January 2024.
  • He is also a member of the 2024 USA Men’s Basketball National Team Player Pool, and is expected to compete in the 2024 Summer Olympics in Paris.

Endorsement Deals and Brand Partnerships of Donovan Mitchell:

  • Donovan Mitchell has several endorsement deals and brand partnerships, including Adidas, BodyArmor, Fanatics, Stance, and Spalding.
  • He signed a multi-year extension with Adidas in 2019, and has his own signature shoe line called the D.O.N. Issue, which stands for “Determination Over Negativity”.
  • He also has a signature apparel collection with Fanatics, featuring jerseys, hoodies, t-shirts, and hats.
  • He is a spokesperson for BodyArmor, a sports drink company that competes with Gatorade. He has appeared in several commercials and social media campaigns for the brand.
  • He is also a partner of Stance, a sock company that produces NBA-themed socks. He has his own custom sock design, featuring his nickname “Spida” and a spider web pattern.
  • He is also a brand ambassador for Spalding, the official basketball of the NBA. He has promoted the company’s products and initiatives, such as the Spalding x Donovan Mitchell Basketball Academy, a youth basketball camp that he hosts annually.

Business Ventures and Investments of Donovan Mitchell:

  • Donovan Mitchell is not only a star on the court, but also a savvy businessman off the court. He has invested in several companies and ventures, such as:
    • Cameo: A platform that allows fans to book personalized video messages from celebrities. Mitchell joined the company as an investor and advisor in 2020, and has since recorded hundreds of videos for his fans.
    • Overtime: A sports media company that focuses on high school and amateur athletes. Mitchell invested in the company’s Series C funding round in 2021, along with other NBA players such as Trae Young and Devin Booker.
    • Nifty Gateway: A marketplace for digital art and collectibles, also known as NFTs (non-fungible tokens). Mitchell partnered with the company in 2021 to launch his own NFT collection, featuring his highlights, artwork, and personal memorabilia.
    • DraftKings: A sports betting and fantasy sports platform. Mitchell became an equity partner and brand ambassador for the company in 2022, and has appeared in several ads and promotions for the brand.
    • The Players’ Tribune: A media platform that gives athletes a voice and a platform to share their stories. Mitchell joined the company as a content creator and investor in 2023, and has since published several articles and podcasts on the site.

Donovan Mitchell Net Worth 2024:

Donovan Mitchell’s net worth in 2024 is estimated to be around $20 million, according to Celebrity Net Worth. He signed a five-year, $163 million contract extension with the Utah Jazz in 2020, which kicked in from the 2021-22 season. He is set to earn $28.1 million in the 2023-24 season, and $30.4 million in the 2024-25 season.

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