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Grizzlies hand star forward Jaren Jackson a 5-year max deal

Originally posted on Ball Exclusives
By Stephen M. Smith | Last updated Jun 30, 2025 8:51 PM ET

NBA consumers will see what happens to Ja Morant, but the Memphis Grizzlies are committed to at least one star.

The franchise broke the bank for star forward, Jaren Jackson Jr.

Jackson, a two-time All-Star, received a five-year, $240 million maximum renegotiation and extension from Memphis.

ESPN’s Shams Charania broke the news Monday evening as the two-time NBA All-Defensive First-Team selection led the league in blocks in 2022 and 2023. Jackson, 25, was selected at No. 4 overall in the 2018 NBA Draft by the Grizzlies after a successful collegiate career at Michigan State University. The 2023 NBA Defensive Player of the Year averaged 22.2 points and nearly two blocks (1.5) per game last season. Jackson is coming off back-to-back seasons of averaging 20 points or more.

BREAKING: The Memphis Grizzlies and All-Star Jaren Jackson Jr. are expected to agree on a five-year, $240 million maximum renegotiation-and-extension, sources tell ESPN. Head of CAA Basketball Austin Brown and CAA agent Max Saidman negotiated the new agreement with the Grizzlies. pic.twitter.com/pKkI25cFIp

— Shams Charania (@ShamsCharania) June 30, 2025