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Grizzlies Agree to Max $240M Extension With Jaren Jackson Jr.

The deal runs through the 2029-30 season with a player option to give Jackson flexibility over his long-term future.

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Jaren Jackson Jr. #13 of the Memphis Grizzlies runs up the court during the game against the Golden State Warriors at FedExForum on April 01, 2025 in Memphis, Tennessee.
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Overview

  • The five-year extension is valued at $240 million, adding four years to Jackson’s current contract starting in 2025-26.
  • Jackson’s agent team, led by CAA’s Austin Brown and Max Saidman, negotiated the maximum deal to retain a three-time All-Defensive talent.
  • Last season Jackson became the only player to post 1,500 points and 100 blocks and set an NBA record with four consecutive 100-3’s and 100-block campaigns.
  • Memphis created cap room for the deal by trading Desmond Bane to acquire Kentavious Caldwell-Pope and draft assets.
  • The extension ensures Jackson and Ja Morant remain under contract together through the 2027-28 season, reinforcing the Grizzlies’ championship window.