ESPN NEWS: Cleveland Cavaliers Officially Agree Terms With Houston Rockets For Donovan Mitchell On a 4-Year Deal With $230M Release Clause

In a blockbuster NBA move, the Cleveland Cavaliers have officially reached an agreement with the Houston Rockets to send All-Star guard Donovan Mitchell to Houston. The deal, confirmed today by multiple league sources, will see Mitchell sign a four-year contract with the Rockets, featuring a staggering $230 million release clause — one of the highest in NBA history.

This marks a seismic shift in the balance of power in the Western Conference, as Houston continues its aggressive rebuild by adding a proven scorer and playoff performer. Mitchell, who averaged over 26 points per game last season, brings not only elite shot-making and offensive firepower but also much-needed veteran leadership to a young Rockets core.

For Cleveland, the decision to part ways with Mitchell likely signals a retooling phase. With his contract nearing its end and concerns about long-term commitment, the Cavaliers chose to capitalize on his value while they could, likely receiving a significant package of draft picks and young talent in return.

The $230 million release clause underscores Houston’s commitment to making Mitchell the centerpiece of their franchise moving forward. This move aligns with the team’s strategy of returning to playoff contention as early as next season under head coach Ime Udoka.

Fans in Houston are buzzing, while Cleveland begins a new chapter. As the dust settles, all eyes will be on how Mitchell fits into the Rockets’ system — and whether this bold move can spark a new era of success in H-Town.

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