Grizzlies Set to Lock in Jaren Jackson Jr. with Stunning $240M Extension Deal!

"Grizzlies Secure Jaren Jackson Jr. with $240M Extension!"

The Memphis Grizzlies and Jaren Jackson Jr. are set to finalize a five-year, $240 million contract extension, securing his long-term future with the team.
Jake Thompson1 July 2025Last Update :
Sources - Grizzlies to extend Jaren Jackson Jr. on $240M deal
www.espn.com

The Memphis Grizzlies are set to make headlines with a significant contract extension for All-Star Jaren Jackson Jr. This five-year, $240 million deal, which includes a player option for the 2029-30 season, highlights the franchise’s commitment to their star player. As reported on 2025-07-01 02:15:00, Jackson’s extension is a pivotal move for the Grizzlies as they aim to build a competitive roster.

6 Key Takeaways
  • Jaren Jackson Jr. signs five-year, $240 million extension.
  • Contract includes a player option for 2029-30.
  • Jackson is a three-time All-Defensive Team member.
  • Averaged 22.2 points and 1.5 blocks last season.
  • Jackson's extension was Grizzlies' top offseason priority.
  • Ja Morant also eligible for extension this summer.

This new agreement adds four years to Jackson’s current contract, ensuring he remains a cornerstone of the Grizzlies for the long term. At just 25 years old, Jackson has already established himself as one of the NBA’s premier big men, boasting impressive stats that include being the only player to record over 1,500 points and 100 blocks last season.

Fast Answer: Jaren Jackson Jr. agrees to a five-year, $240 million extension with the Memphis Grizzlies, solidifying his role as a franchise cornerstone and enhancing the team’s future prospects.

This extension raises an important question: how will this impact the Grizzlies’ performance in the coming seasons? With Jackson and fellow star Ja Morant both under contract through 2027-28, the team is poised for a bright future. Key developments include:

  • Jackson’s historic performance with 100 made 3-pointers and 100 blocks for four consecutive seasons.
  • The Grizzlies’ strategic trade of Desmond Bane for flexibility in salary cap management.
  • Jackson’s continuous improvement in offensive skills, making him a dual-threat on the court.
The Grizzlies’ commitment to Jackson signals a strong intent to compete at the highest level in the NBA.

As the NBA offseason progresses, fans should keep an eye on the Grizzlies’ moves, especially regarding Ja Morant’s potential extension. Will these decisions lead Memphis to championship contention?

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