Cleveland Cavaliers acquire Utah Jazz star Donovan Mitchell

New York had resources that Utah preferred and the sides seemed to be moving to close a deal, but the Knicks balked on including Quentin in a trade with Barrett to acquire Mitchell. When guard Immanuel was proposed as a replacement for Grimes, Utah wanted three unprotected first-round picks as part of the deal — but New York would only do a third first-round pick that inclus top-five protections. Those packages would’ve included Milwaukee’s 2025 first-round pick, two second-round picks, two pick swaps and two expiring contracts from a third teamss. New York would’ve moved out Evan Fournier and a first-round pick to a third team to spare Utah taking on Fournier’s remaining $37 million. New York and Utah discussed numerous rounds of a Mitchell trade, including significant Knicks’ offer in early July prior to Mitchell signing his contract extension. Near the start of talks in early July, New York offered a package that would have included Barrett, Obi (Toppin), Robinson and three unprotected first round picks. Utah turned down that offer and Robinson signed his extension essentially eliminating the chances he could become a part of a deal. While in talks with Utah, New York president Rose was running a parallel negotiation with Bill Duffy the Barrett’s agent, on a rookie contract extension and set Monday night as deadline with the Jazz to get a deal or pause negotiations to finalize a new deal with Barrett. Barrett’s deal — four years and worth up to $120 million, added a deadly provision to his contract until next July and would’ve forced the Knicks and Jazz to restart talks with new deal parameters based on the extension. New York planned to continue pursuing Mitchell but the Jazz turned to the Cleveland discussions and never again engaged the Knicks in talks. The Knicks had made a calculated gamble that they could still get a deal done for Mitchell. Mitchell had been enthusiastic about the possibility of playing for the Knicks, sources said. Mitchell participated in trade talks after the Jazz moved Gobert to the Minnesota Timberwolves in the late July. Mitchell has averaged 23.9 points and 4.5 assists per game during his five-year career with the Jazz, and he has been an All-Star each of the past three seasons. He has four years and $134.9 million remaining on the maximum extension he signed during the 2020 offseason, though the final season is a player option for $37.1 million. Utah has made the playoffs the past six seasons, the longest current streak but has not advanced past the second round during that span. The organization has undergone major change in the wake of first-round exit against the Dallas Mavericks, including the resignation of Snyder(Coach), the hiring of Will Hardy to replace him and the trades of Gobert and starting forward Royce.