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Grizzlies reportedly reach 5-year, $240 million extension with Jaren Jackson Jr., new deal with Santi Aldama

The Memphis Grizzlies have secured their future by signing Jaren Jackson Jr. to a five-year, $240 million max contract extension. This keeps the All-Star power forward in Memphis through 2029. The Grizzlies also re-signed Santi Aldama to a three-year, $52.5 million deal and added Ty Jerome on a three-year, $28 million contract. These moves solidify the Grizzlies' core and represent a significant step in their long-term plans, following a season that ended in the first round of the playoffs despite a play-in tournament victory.

Prepared by Emily Rhodes and reviewed by editorial team.

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