Confirmed with Link: Mittelstadt re-signed (3 years, $5.75M AAV)

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The biggest problem is that the Avs cannot afford for him to take an entire season to "figure it out" while their contention window is slipping through their fingers. You can excuse them for the positive early returns, but there was always inherent risk in trading their most valuable "expendable" piece for an unproven player. Now they're paying the price for it.
 

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