Memphis Grizzlies and Jaren Jackson Jr., have agreed to a four-year, $105 million rookie contract extension.
Grizzlies general manager Zach Kleiman and Jackson's team finalized details on the agreement ahead of a 6 p.m. ET deadline. Jackson Jr. plans to sign the contract Monday morning at the Grizzlies' practice facility.
Jackson Jr. was the No. 4 overall pick (Michigan State) in the 2018 NBA Draft and is paired with Ja Morant as the cornerstones to one of the most promising young cores in the NBA. He's averaged 15.4 points, 4.7 rebounds and 1.5 blocks in his three NBA seasons.
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From the Memphis Grizzlies:
Memphis, Tenn. – The Memphis Grizzlies today announced the team signed forward/center Jaren Jackson Jr. to a multi-year contract extension. Per team policy, terms of the deal were not disclosed.
Jackson Jr. has appeared in 126 games (117 starts) over three seasons with the Grizzlies and has averaged 15.4 points, 4.7 rebounds, 1.2 assists and 1.52 blocks in 26.9 minutes.
The 22-year-old was selected by Memphis with the fourth overall pick in the 2018 NBA Draft after one year at Michigan State University, where he became the second player ever to be named the Big Ten Freshman of the Year and Defensive Player of the Year in the same season. Jackson Jr. was named to the 2018-19 NBA All-Rookie First Team and was selected to the NBA Rising Stars teams in 2019 and 2020 as part of NBA All-Star Weekends in Charlotte and Chicago.
During the 2019-20 season, Jackson Jr. scored a career-high 43 points and tied the franchise record with nine 3-pointers made against the Milwaukee Bucks on Dec. 13, 2019, becoming the youngest player in NBA history (at 20 years, 83 days) to make at least nine threes in a game. He also set club records for points in a single quarter (26, third quarter) and a single half (34, second half) and 3-pointers in a single quarter (seven, third quarter) and single half (eight, second half).
No other player in NBA history has reached Jackson Jr.’s number of 3-pointers made (213) and blocks (192) within his first 126 career games. He ranks second in franchise history in blocks per game and 10th in total blocks.
