General Terms

  1. 3 years, $90,720,000
  2. Fully Guaranteed
  3. Visit the Cavaliers Capsheet for Annual Breakdown

Cap Discussion

  1. Allen receives the maximum allowable Veteran Extension under the CBA (140% salary increased from his $20 million 2025-2026 salary; five years; 8% raises).
  2. Cleveland signs Allen one year earlier than necessary.
  3. Because there is a six-month trade restriction for this type of contract, one benefit of signing him this offseason is allowing the possibility of trading his extended contract during the 2025 offseason. Had Cleveland waited, they could not have signed him to the maximum extension and traded him in the 2025 offseason. They would have been limited to a smaller extension per Extend-and-Trade rules, or had to wait until the six months from signing to trade him during the 2025-2026 season.