5 years of US$240 million! JJJ s contract is increasing year by year, with an annual salary of 53.5 million + player options in the last quarter
12:02am, 16 July 2025Basketball
July 15th News Yesterday, the Grizzlies officially announced a re-sign with forward/center Jaren Jackson Jr. and completed a multi-year contract renewal ahead of schedule.
According to previous reports, the new contract reached between the Grizzlies and Jaren Jackson Jr. is a five-year max contract of $240 million, and the last year is the player option.
According to follow-up reports by pay expert Yossi Gozlan, the Memphis Grizzlies used $11.6 million in salary space to renegotiate the contract of Jaren Jackson Jr., as follows:
2025-26 season: $35 million
2026-27 season: $49 million
2027-28 season: $50.5 million
2028-29 season: $52 million
2029-30 season: $53.5 million(player option)
From 2026 to 2030, Jaren Jackson Jr.'s average annual salary accounted for 27% of the team's salary cap.
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