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Former Michigan State Star Jaren Jackson Jr. Lands Massive Extension

  • On June 24, the Memphis Grizzlies secured a five-year, $240 million extension for Jackson and a three-year, $52.5 million deal for Aldama.
  • Facing a pivotal offseason, the Memphis Grizzlies prioritized creating cap space to re-sign Jaren Jackson Jr. with a top contract extension, ensuring their core remains intact.
  • Jackson averaged 22.2 points, 5.6 rebounds, and 1.5 blocks per game, achieving a historic streak with 100+ 3-pointers and blocks, after trading Bane for Caldwell-Pope.
  • Following trades and injuries, Memphis faces immediate gaps due to Zach Edey's ankle surgery and the loss of top shooters Bane and Kennard.
  • Broadly, the NBA's salary cap will increase 10% annually, making Aldama’s contract a valuable trade asset for the Memphis Grizzlies long-term.
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Detroit Free Press broke the news in Detroit, United States on Sunday, June 29, 2025.
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