According to ESPN's Adrian Wojnarowski, the Cleveland Cavaliers and former Louisville star Donovan Mitchell agreed to a three-year contract extension worth $150.3 million. 

The announcement came on the day Bob Baffert's original Churchill Downs suspension was to have ended -- The Hall of Fame trainer's exile will be extended through the end of 2024.

Louisville was the seventh school to receive a Notice of Allegations in the national scandal that rocked college basketball and wound up in the firing of basketball coach Rick Pitino and his staff.