Grizzlies Lock Down Core with Major Deals in Free Agency Frenzy
The Memphis Grizzlies are making noise early in NBA free agency, and this time, it's not just about rumors—it's about results. The front office moved quickly and decisively, locking in their cornerstone player, Jaren Jackson Jr., with a massive five-year, $240 million max extension. It’s a statement deal—one that echoes confidence in Jackson’s future and Memphis’ long-term vision.
Let’s talk about Jackson first. This guy has been a rock for the Grizzlies ever since he was drafted, and last season he posted a strong 22.2 points and 5.6 rebounds per game, earning his second All-Star selection. The new extension, which kicks in after his current contract ends, includes a player option for the 2029-2030 season and averages $48 million per year. That’s superstar money—and honestly, he’s earned it. With this deal, the Grizzlies have secured his services through the end of the decade, giving Memphis a reliable two-way anchor who still has room to grow.
But they didn’t stop there.
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Santi Aldama, a restricted free agent, is also staying in Memphis after agreeing to a three-year, $52.5 million contract. Aldama’s development has been steady, and this past season he broke out with career highs—12.5 points and 6.4 rebounds per game, primarily coming off the bench. His energy and versatility have made him a valuable piece in the rotation, and now he’s getting paid like it. At $17.5 million a year, Memphis is betting on Aldama to continue his upward trajectory.
As the free agency window opened, Memphis was one of the first teams to make waves. They didn’t just re-sign their guys—they also added guard Ty Jerome on a three-year, $28 million deal. Jerome gives them more depth and scoring off the bench, especially with his recent career-best season in Cleveland.
This free agency class marks a shift for Memphis. After parting ways with long-time coach Taylor Jenkins and appointing Tuomas Iisalo as head coach, the organization is clearly moving in a new direction. Last season’s 48-34 record and a first-round playoff exit weren’t enough, and management knew it. These signings show that Memphis is done waiting around—they're building now.
Is this enough to make the Grizzlies a championship contender overnight? No. But it’s a major step forward. You lock down your All-Star. You reward young, improving talent. You bring in complementary pieces. That’s how you build something sustainable.
The message from Memphis is loud and clear: this team isn’t satisfied with just making the playoffs. They’re setting up for a deeper run—and they're putting their money where their mouth is.
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