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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.
Apr 22, 2025; Oklahoma City, Oklahoma, USA; Memphis Grizzlies forward Jaren Jackson Jr. (13) moves the ball against Oklahoma City Thunder guard Alex Caruso (9) in the third quarter during game two of first round for the 2024 NBA Playoffs at Paycom Center. Mandatory Credit: Alonzo Adams-Imagn Images/File Photo
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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.