The Cleveland Cavaliers have successfully re-signed restricted free agent Isaac Okoro to a lucrative three-year contract valued at $38 million. The agreement confirms the franchise's commitment to Okoro, who was the fifth overall pick in the 2020 NBA Draft.

Okoro averaged 9.4 points per game last season, highlighting his role on the team. His earlier qualifying offer was set at $11.83 million, but he chose to negotiate a longer deal instead, aiding the Cavaliers in remaining financially flexible as they navigate the luxury tax.