The Knicks are viewed as Mitchell’s top suitor, and while Brooklyn and Miami have also been mentioned as possible landing spots, those teams aren’t as well positioned to swing a trade for the All-Star guard. The Nets can’t trade for Mitchell as long as Ben Simmons remains on the roster due to the designated rookie extension rule, while the Heat “simply don’t have the assets that the Jazz are looking for,” according to Jones.
The Jazz are said to be seeking a significant haul of first-round picks in any Mitchell deal, which is why the Knicks are viewed as a frontrunner. New York has acquired four protected first-rounders from other teams and also has all of its own picks available.
The Heat, on the other hand, don’t have any extra first-rounders and have traded their own 2025 pick to Oklahoma City. Given the restrictions imposed by the Stepien rule, Miami could only offer three first-round picks in a package for Mitchell, while New York could trade up to eight.
Although the Knicks have long been linked to Mitchell and have had ongoing trade discussions with the Jazz, the two teams aren’t close to a deal, says Jones.
Utah has also spoken to other suitors and has multiple offers on the table that the front offices feels are worth exploring if talks with the Knicks don’t work out, sources tell The Athletic. The Hornets, Wizards, and Cavaliers are among the other teams that have been reported by multiple outlets as possible suitors for Mitchell.
If the Jazz don’t get an offer they like from the Knicks or one of those other potential trade partners, they’re comfortable entering the season with Mitchell on their roster. According to Jones, the club believes it’s in a good position to retool the roster around Mitchell and is more inclined to take that route than to accept “90 cents on the dollar” for the three-time All-Star.