Sources - Cleveland Cavaliers acquire Utah Jazz star Donovan Mitchell in blockbuster trade

After the New York Knicks temporarily walked away on talks Monday night, the Cleveland Cavaliers aggressively pursued and acquired three-time All-Star guard Donovan Mitchell in a trade with the Utah Jazz on Thursday, sources told ESPN.

The Cavaliers are sending the Jazz forward Lauri Markkanen, rookie wing Ochai Agbaji, guard Collin Sexton, three unprotected first-round picks (2025, 2027 and 2029) and two pick swaps (2026 and 2028) for Mitchell, sources said.

Sexton has agreed on a four-year, $72 million sign-and-trade deal to join the Jazz, his agent, Klutch Sports CEO Rich Paul, told ESPN.

The deal transforms the Cavaliers into an Eastern Conference contender with potential staying power, adding Mitchell to a lineup that includes two 2022 All-Stars — guard Darius Garland and center Jarrett Allen — and Rookie of the Year runner-up Evan Mobley, who appears destined to become an All-NBA player.

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As Utah reshapes its roster with offseason trades of All-Star Rudy Gobert and now Mitchell, the franchise has 13 unprotected or lightly protected first-round picks through 2029 and two 2022 first-round picks, including Kansas' Agbaji and 7-footer Walker Kessler, who arrived with four first-round picks from Minnesota.

Utah plans to continue talks on unloading veterans, including Bojan Bogdanovic, Jordan Clarkson and Mike Conley, and could be approaching an Oklahoma City-esque haul of draft assets.

Cleveland general manager Koby Altman had been in discussions with the Jazz through late last week, but ended talks Friday when the two teams couldn't reach an agreement, sources said. Nevertheless, Altman reached back out to Utah general manager Justin Zanik on Tuesday morning and started the talks again,