
Sources: Grizz to extend Jackson on $240M deal
Shams Charania
created: July 1, 2025, 12:50 a.m. | updated: July 1, 2025, 5:23 a.m.
Open Extended ReactionsThe Memphis Grizzlies and All-Star Jaren Jackson Jr. are expected to agree to a five-year, $240 million maximum renegotiation-and-extension, with a player option in the final year of the deal in 2029-30, sources told ESPN on Monday.
The new contract adds four years to the existing 2025-26 season on Jackson's deal.
Jackson recorded his fourth straight season with at least 100 made 3-pointers and 100 blocks, the longest streak in NBA history.
4 pick in the 2018 NBA draft out of Michigan State, Jackson has improved his offensive game each season.
In other moves Monday, the Grizzlies agreed to a three-year, $52.5 million deal with Santi Aldama and a two-year, $4.5 million fully guaranteed contract with guard Cam Spencer, according to sources.
1 week, 6 days ago: www.espn.com - TOP