
Was it really just five years ago that the Utah Jazz finished a season with the best record in the NBA?
Sure, the COVID-19 pandemic made that 2020-21 campaign a crazy one in all sorts of ways. But there's no doubt that Salt Lake City still remembers what it was like to see Donovan Mitchell and Rudy Gobert balling out on a nightly basis, and still longs for days like those to return to the Delta Center.
Now, with second overall pick Darryn Peterson, rising star Ace Bailey, and grizzled veteran Jaren Jackson Jr. on the roster, some in the Beehive State may be starting to believe that a comeback is on the cards in the next few seasons.
And after some major contract news broke on Friday, the Jazz are now in a place where one blockbuster move might be all it takes to return to contention – and where that move might be closer to getting done than it ever has been before.
ESPN's Shams Charania reported on Friday that the Jazz were signing Keyonte George to a five-year, $157.5 million contract extension after a breakout 2025-26 performance that saw the 22-year-old guard average 23.6 points per game shooting 45.6% from the floor.
The move has already drawn praise from around the NBA world, with George's $31.5 million average annual value considered a slam dunk for president of basketball operations Austin Ainge, especially in a summer that saw fellow 2023 draftee Amen Thompson secure a 5-year, $208 million extension for himself from the Houston Rockets.
I get why it happened but the Jazz signing Keyonte George for 50M less than what Amen Thompson got over 5-years is just a massive win.
— Art Cummings (@ArtTakesNote) September 18, 2026
It also makes clear that Utah's front office is very happy with the shape of their young core going forward. George has already started to prove himself as an elite scorer, Bailey earned himself All-Rookie accolades last season, and Peterson comes in as one of the most highly touted draft prospects in recent memory. Locking George in for five years at the first available opportunity is the perfect first step for a franchise looking to set themselves up for a new generation of success.
Between amassing young talent and introducing the veteran Jackson, one question remains around Utah's future: What is the plan for Lauri Markkanen?
The Finnish forward has been the subject of trade speculation plenty of times before, but there is reason to believe that this time could be different. For one, Markkanen does not fit the younger timeline that the Jazz are locking themselves into. The seven-footer will be 30 before the end of this coming season, whereas the oldest of the new young trio is George at 22. Jackson, meanwhile, is two years younger than Markkanen, and has generally shown himself to be more durable as well.
Perhaps more importantly, the Jazz have the assets needed to get a deal done. Utah possesses a plethora of future draft picks after moving Walker Kessler to the Los Angeles Lakers earlier in the summer. One or more of these picks might need to be included as a sweetener in any deal that moves Markkanen, who is undoubtedly a valuable starter in the NBA but who carries with him both a reputation for injury and a hefty contract that could cause GMs around the association to balk at a straight-up trade.
There are teams out there, such as the Detroit Pistons or the Orlando Magic, who might consider themselves one shooter away from optimizing their own rosters, while still having plenty to offer going the other way. If one of them comes calling, one would have to think that Ainge would be more than willing to pick up the phone and listen.
Regardless of what happens with Markkanen, the Jazz are unlikely to be competitive this season — perhaps all the more reason to move him while they can, let the young players cook, and ultimately maximize their upcoming window. If they can get the math right, a Markkanen trade very well might be the last piece of the puzzle that thrusts Utah back into contention.
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