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240 million in 5 years! Officially signed! The largest contract for this year s offseason
7:03am, 2 July 2025【Basketball】
On July 1, the Grizzlies renewed their contract with Jeran Jackson Jr. for $240 million in five years, with the last year's player option. This is also the first big contract worth over $200 million so far in the offseason. Previously, the Grizzlies traded Bain to the Magic to make room for a renewal of 3J. But everyone didn’t expect that this contract actually reached 240 million!
3J's current contract is US$106 million in 4 years and expires in 2026. In other words, the Grizzlies will extend the contract to 2031 after renewing the contract. 3J was born on September 15, 1999. By the time the new contract expired, he was under 32 years old. In theory, he could sign another five-year contract. The Grizzlies have already made up their minds and continue to build a team around 3J. After renewing the contract with the Grizzlies, 3J wrote: "It feels like I came to Memphis yesterday, and it is the seventh year in the blink of an eye. I am grateful to everyone who has influenced me in this journey. There are more stories in the future, and this is always my place." In fact, if 3J is selected for the All-Squad last season, he can sign up to $318 million for five years. After the contract renewal of
3J, Morant wrote enviously: Watch my brother count the money. Morant's current contract is US$193 million for five years and expires in the summer of 2028. If he wants to get a contract of 200 million, he has to wait. The first 200 million gentleman in the Grizzlies history is not 3J, but Bain. In the summer of 2023, the Grizzlies renewed their contract with Bain for $207 million in five years.
In this offseason, the Grizzlies traded Bain to the Magic, 1 for 7 to get Pope, Cole Anthony, 4 unprotected first-round picks and 1 first-round pick to swap rights. At that time, many fans thought the Grizzlies would be completely rebuilt, but they didn't expect that they would give another 3J contract. The Grizzlies didn't want to play a bad job, and there were many operations after the free market opened today.
In addition to renewing the contract with 3J, the Grizzlies renewed their contract with Aldama for 3 years and $52.5 million today. Signed with former Cavaliers Ty Jerome for 3 years and $4.5 million for 2 years and $4.5 million for 2 years and $4.5 million for 2 years. The Grizzlies will next seek to send Cole Anthony away and will not leave him. However, the Grizzlies have already made a profit by using Bain for four or five first-round picks. If you have a full score of 10 points, how many points will you give the Grizzlies' offseason operations?
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