Memphis Grizzlies set to finalize $240 million max deal with Jaren Jackson Jr.

Grizzlies Secure Long-Term Agreement with Jaren Jackson Jr.

The Memphis Grizzlies are poised to secure a significant long-term agreement with Jaren Jackson Jr., marking a vital step in their roster management. According to ESPN’s Shams Charania, the team is set to finalize a max contract extension worth $240 million for Jackson that will span five years. This new deal includes an option for Jackson to opt out during the 2029-30 season, allowing for future flexibility.

Jackson’s Impact and Performance

Having made his mark in Memphis since entering the league, Jackson, 25, has become a key player for the franchise. Last season, he made his second appearance as an All-Star, showcasing his value by averaging 22.2 points and 5.6 rebounds per game. His existing four-year contract, which totaled $104.7 million, was approaching its final year, and he was scheduled to enter free agency next summer. With this new agreement, Jackson will remain with the Grizzlies through the decade’s end, solidifying his role in their plans moving forward.

Additional Roster Moves

In addition to the Jackson extension, the Grizzlies announced the re-signing of Santi Aldama. The restricted free agent has agreed to a three-year deal worth $52.5 million, further strengthening the team’s core. Aldama, selected as the 30th pick in the 2021 NBA Draft, experienced a career-high season last year, averaging 12.5 points and 6.4 rebounds per game.

Fans can expect more updates on these developments as they unfold.