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Grizzlies Re-Sign Santi Aldama to Three-Year, $52.5 Million Deal

Memphis matched an offer sheet with its non-taxpayer mid-level exception to secure floor-spacing depth, preserving future roster flexibility.

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Overview

  • The Grizzlies locked Aldama in on a three-year contract worth $52.5 million, keeping him under team control through 2027–28.
  • Memphis exercised its restricted free agent matching rights and utilized the estimated $14.1 million non-taxpayer mid-level exception to finalize the deal.
  • Aldama averaged 12.5 points, 6.4 rebounds and 2.9 assists in 25.5 minutes per game last season, shooting 36.8 percent from beyond the arc.
  • His ability to play both power forward and center complements Jaren Jackson Jr.’s $240 million extension and rookie Zach Edey’s arrival to deepen the frontcourt.
  • The contract’s manageable structure preserves salary cap flexibility for future moves and enhances Aldama’s value as a potential trade asset.