The Cleveland Cavaliers exercised their fourth-year contract option on center Evan Mobley for the 2024-25 season.
Mobley signed a four-year, $36.7 million rookie deal after being selected third overall in the 2021 NBA Draft.
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The 7-footer is set to earn $8.9 million this season and will take home $11.2 million in 2024-25, per Spotrac.
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Mobley, 22, averaged 16.2 points, 9.0 rebounds, 2.8 assists and 1.5 blocks in 79 games (all starts) last season.
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He finished third in the Defensive Player of the Year voting and made the NBA All-Defensive first team.
Mobley and the Cavaliers open the 2023-24 regular season next Wednesday against the Nets in Brooklyn.
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—Field Level Media