Grizzlies exercise 2022-23 options for Ja Morant, Brandon Clarke and Desmond Bane

The Grizzlies have picked up the fourth-year options for Ja Morant and Brandon Clarke and the third-year option on Desmond Bane, the team announced (via Twitter). The moves were expected as all three players deliver a level of production that exceeds their salaries for the 2022-23 season.

Morant, the No. 2 pick in the 2019 draft, was named Rookie of the Year in 2020 and helped Memphis reach the playoffs last season. He will make $12.1 million next season and will be eligible for a rookie-scale extension in July.

Clarke, who was selected 21st in 2019, has been a consistent bench player and part-time starter during both of his years with the Grizzlies. He will earn $4.3 million in 2022-23 and will also be eligible for an extension next summer.

Bane, the 30th pick in 2020, was acquired in a draft-night trade and had a productive rookie year, starting 17 of the 68 games he played. He will make $2.13 million during the 2022-23 season.

Memphis elected not to pick up the $8.1 million fourth-year option for Jarrett Culver, tweets Chris Herrington of The Daily Memphian. Culver, who was acquired from the Timberwolves in an August trade, will be a free agent next offseason.