The Cleveland Cavaliers have made a significant commitment to their future by securing a three-year, $91 million contract extension with their star center, Jarrett Allen. This extension ensures that Allen, who had two years and $40 million remaining on his previous contract, will remain with the team for an extended period, earning a total of $131 million over the next five years.
Contract Breakdown
With the new extension, Allen's financial future in Cleveland is solidified. In the 2024-25 season, Allen's salary will account for just under 13% of the team's salary cap. This figure reflects the Cavaliers' strong belief in Allen's value to the team. By the end of the extension, his salary is projected to rise to 15.83% of the cap, underscoring the franchise's long-term investment in his development and contributions.
Player Profile
At just 26 years old, Jarrett Allen is considered one of the league's premier centers. However, last season was a challenging one for him health-wise. He suffered an injury during the first-round matchup against the Orlando Magic, which held him back from playing in the latter part of the series. Consequently, Allen missed not only the end of that series but also the entire next round against the Boston Celtics, a significant blow to the Cavaliers' postseason aspirations.
Building Around Allen
Allen is not the only Cavalier committing to a future with the franchise. Donovan Mitchell also agreed to a three-year extension, signaling a core commitment from the team's star players. Meanwhile, young talent Evan Mobley signed a rookie extension potentially worth $269 million over five seasons, further reinforcing the team's strategy to build around a stable and talented nucleus.
A New Leadership Era
Adding to the excitement, the Cavaliers have introduced Kenny Atkinson as their head coach for this season. Atkinson, who previously coached Allen during his tenure with the Brooklyn Nets, brings a familiar face and established rapport for the center. This reunion promises to offer continuity and comfort for Allen as he navigates the next phase of his career with the Cavaliers.
In sum, extending Jarrett Allen's contract marks a bold and strategic move by the Cleveland Cavaliers, reflecting their commitment to building a championship-contending team. With key player extensions and a new head coach in place, the franchise looks poised for an exciting future.