Jarrett Allen isn’t going anywhere.
The Cleveland Cavaliers reached a three-year, $91 million maximum extension with their center on Wednesday afternoon, according to ESPN’s Adrian Wojnarowski. The deal will now give Allen more than $130 million in guaranteed money over the next five years.
Cleveland Cavaliers center Jarrett Allen has agreed on a three-year, $91 million maximum extension that’ll now guarantee him $131 million over the next five years, his agent Derrick Powell tells ESPN. pic.twitter.com/vmOcgrKsmP
— Adrian Wojnarowski (@wojespn) July 31, 2024
Allen averaged a career-high 16.5 points and 10.5 rebounds last season, his third full season with the Cavaliers. The 26-year-old had a career-high 42 double-doubles on the season, too, which was the most by a Cavaliers player since LeBron James during the 2017-18 campaign.
Allen was injured in the playoffs, but he was a dominant force early on in their first round series against the Orlando Magic before he went down. The Cavaliers lost in the Eastern Conference semifinals to the Boston Celtics, which marked their deepest postseason run since they fell in the Finals in 2018. Allen missed the entire series against the Cavaliers with a rib injury.
Allen is now the third significant Cavaliers player to sign an extension this summer, following star Donovan Mitchell and forward Evan Mobley.
This post will be updated with more information shortly.