Overview

• Jackson Jr. agreed on June 30 to a five-year, $240 million maximum extension that ties him to the Grizzlies through the 2029–30 season.
• An off-site live basketball run left Jackson with right-foot turf toe, and Monday’s evaluation confirmed he will need corrective surgery.
• Memphis expects Jackson to make a full recovery and will provide a preliminary return timeline after the procedure is completed.
• The franchise cleared salary cap space for the record deal with strategic maneuvers including the Desmond Bane trade.
• Jackson’s rehabilitation timeline will reshape the team’s offseason plans and training camp schedule as other roster moves are integrated.