The Cleveland Cavaliers have made a significant move to solidify their core, securing a three-year, $91 million contract extension with center Jarrett Allen. Allen, who had two years and $40 million remaining on his existing deal, is now poised to earn a total of $131 million over the next five years. This extension demonstrates the Cavaliers' commitment to building a competitive roster around their key players.
Aged just 26, Allen has emerged as one of the most reliable centers in the league. His presence in the paint, combined with his offensive efficiency and defensive prowess, makes him an indispensable player for the Cavaliers. Despite missing the end of the series against the Orlando Magic and the entire next round against the Boston Celtics last season due to an injury, his value to the team remains undeniable.
By the 2024-25 season, Allen's salary will account for just under 13% of the Cavaliers' salary cap. This figure is projected to rise to 15.83% by the end of his extension, reflecting both his importance to the team and the rising cap numbers in the league. A strategic investment in Allen not only solidifies the team's core but also ensures financial flexibility moving forward.
In addition to Allen's extension, the Cavaliers have made other key moves. Star guard Donovan Mitchell agreed to a three-year extension, further cementing the team's long-term ambitions. Moreover, the young and promising Evan Mobley signed a rookie extension potentially worth up to $269 million over five seasons. These agreements underscore the organization's confidence in their current roster and their commitment to sustaining a competitive edge in the league.
The Cavaliers also made headlines by hiring Kenny Atkinson as their head coach for the season. Atkinson, who previously coached Allen with the Brooklyn Nets, brings a wealth of experience and a proven ability to develop young talent. His familiarity with Allen is expected to facilitate a smooth transition and maximize the team's performance.
With these strategic moves, the Cavaliers are aiming to establish themselves as perennial contenders in the Eastern Conference. The combination of veteran leadership, young talent, and a forward-thinking coaching staff positions them well for future success. Jarrett Allen’s extension is a pivotal piece of this puzzle, setting the stage for what promises to be an exciting chapter in Cleveland basketball.