The Memphis Grizzlies and All-Star Jaren Jackson Jr. are anticipated to comply with a five-year, $240 million most renegotiation-and-extension, with a participant possibility within the remaining 12 months of the deal in 2029-30, sources instructed ESPN on Monday.
The brand new contract provides 4 years to the present 2025-26 season on Jackson’s deal. The pinnacle of CAA Basketball, Austin Brown, and CAA agent Max Saidman have been negotiating the brand new settlement with the Grizzlies for the three-time All-Defensive Workforce member, securing a large new deal to maintain a cornerstone of the franchise in Memphis long run.
Jackson’s extension was the primary focus for the Grizzlies this offseason. The 25-year-old, who is likely one of the finest large males within the NBA after changing into the one participant to report 1,500 factors and 100 blocks final season, is a frontrunner for the Grizzlies. Jackson recorded his fourth straight season with at the least 100 made 3-pointers and 100 blocks, the longest streak in NBA historical past. He’s additionally considered one of two gamers to defend guards, forwards and facilities for at the least 900 half-court matchups final season, together with Cleveland’s Evan Mobley.
Jackson averaged 22.2 factors, 5.6 rebounds, 2 assists, 1.5 blocks and 1.2 steals over 74 video games final season. The No. 4 decide within the 2018 NBA draft out of Michigan State, Jackson has improved his offensive sport every season. In 2024-25, he made essentially the most floaters of any participant within the league (155).
Jackson has spent his first seven NBA seasons with the Grizzlies.
The transfer will probably be executed in the course of the upcoming transaction window as soon as the Grizzlies clear the required wage cap house. Memphis began that course of by buying and selling Desmond Bane for Kentavious Caldwell-Pope, Cole Anthony and draft capital earlier this summer season. The Grizzlies are working with Anthony’s representatives at Excel Sports activities towards a decision that creates house for Memphis and permits Anthony to search out his subsequent vacation spot, sources stated.
Jackson and fellow franchise star Ja Morant are actually beneath contract collectively by the 2027-28 season. Morant can be eligible for an extension this summer season.
In different strikes Monday, the Grizzlies agreed to a three-year, $52.5 million take care of Santi Aldama and a two-year, $4.5 million totally assured contract with guard Cam Spencer, in line with sources.