© Mike Ehrmann/Getty ImagesDonovan Mitchell has signed the rookie max extension to remain in Utah.
Donovan Mitchell has agreed to a five-year max extension potentially worth $195million with the Utah Jazz, according to ESPN's Adrian Wojnarowski.
The All-Star guard has become a key component for the Jazz since the franchise moved up to draft him with the 13th pick in 2017.
Mitchell was named the NBA's Rookie of the Year following a spectacular debut season that saw him lead the team in scoring as they reached the playoffs.
The 24-year-old helped oust the Oklahoma City Thunder before losing in five games to the Houston Rockets. While Utah has made the postseason in the two years since then, they have failed to make it beyond the first round.
Still, Mitchell averaged a career-high 24 points and 4.3 assists in a 2019-20 campaign that saw him earn his first All-Star appearance for the Western Conference.
The season was completed in the NBA's Orlando bubble due to the coronavirus pandemic, Utah going down 4-3 to the Denver Nuggets at the end of an epic series, during which Mitchell averaged 36.3 points.
His new deal is the designated rookie max extension and follows on from De'Aaron Fox, a fellow first-round pick in 2017, agreeing a five-year deal worth $163m to keep him with the Sacramento Kings.