LAS VEGAS (AP) — Jaren Jackson Jr.’s signing of a $239.9 million deal that keeps him under contract for the next five seasons with the Memphis Grizzlies finally became official Sunday, one day after the team reached a buyout agreement with guard Cole Anthony to facilitate the move.

Jackson is now under contract through 2029-30, after renegotiating the final year of his current deal and getting a raise to $33 million for the coming season. The extension kicks in in 2026-27, starting with a salary of $46.2 million.

kAm%96 D:56D C624965 E96 28C66>6?E EH@ H662<6 E96 >@G6 92AA6? 367@C6 y246D E9:D A2DE D62D@? 2?5 H2D 2? p==\$E2C 7@C E96 D64@?5 E:>6 😕 9:D |6>A9:D 42C66C]k^Am

kAmp E9C66\E:>6 p==\s676?D:G6 E62> A:4< — 2?5 E96 a_ab }qp 5676?D:G6 A=2J6C @7 E96 J62C — y246D H:E9 |6>A9:D]k^Am

kAmy24@?E9 2?5 H:== 36 C6\6G2=F2E65 =:<6=J D@>6E:>6 2C@F?5 E96 DE2CE @7 EC2:?:?8 42>A E9:D 72==[ E9@F89 E96 vC:KK=:6D 92G6?VE 8:G6? 2?J :?5:42E:@? 9@H =@?8 96 H:== 36 D:56=:?65 E@ DE2CE E96 D62D@?] w6 DF776C65 E96 :?;FCJ 😕 9:D C:89E 7@@E 5FC:?8 @77D62D@? 32D<6E32== 24E:G:E:6D[ E96 E62> 925 D2:5[ 255:?8 E92E 96 😀 6IA64E65 E@ 92G6 2 7F== C64@G6CJ]k^Am

kAm{@4<:?8 FA y24A9:D E@ 4@?E:?F6 3F:=5:?8 2C@F?5 9:> 2?5 DE2C A@:?E 8F2C5 y2 |@C2?E] |6>A9:D H2D DH6AE 3J 6G6?EF2= 492>A:@? ~<=29@>2 r:EJ 😕 E96 7:CDE C@F?5 @7 E96 A=2J@77D 😕 pAC:=]k^Am

k9C ^m

kAmp! }qpi k2 9C67lQ9EEADi^^2A?6HD]4@>^9F3^?32Qm9EEADi^^2A?6HD]4@>^9F3^?32k^2mk^Am

Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.