David Richard-USA TODAY Sports

The Cleveland Cavaliers officially signed All-Star guard Darius Garland to a multi-year contract extension on Saturday.

Terms were not disclosed, however Klutch Sports CEO Rich Paul told ESPN last Saturday that Garland will receive a five-year, $193 million contract extension that could be worth as much as $231 million.

It's the richest deal in franchise history.

"Darius has proven to be a tremendous basketball player and someone who embodies everything a franchise would want in a young player," said Koby Altman, Cavaliers president of basketball operations. "We've quickly seen Darius grow into an NBA All-Star and an integral core piece in our pursuit of sustainable success. Both on and off the court, Darius has demonstrated a strong commitment to this organization and the community. We look forward to our future and what we can accomplish here in Cleveland."

Garland, 22, averaged career-high totals in points (21.7), assists (8.6), rebounds (3.3) and steals (1.3) and made a career-best 174 3-pointers in 68 games (all starts) last season. He made his first All-Star team and was a finalist for the NBA's Most Improved Player award.

Garland has averaged 17.4 points, 6.3 assists and 2.6 rebounds in 181 career games (177 starts) since being selected by Cleveland with the fifth overall pick of the 2019 NBA Draft.

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