Last Updated on January 28, 2025 by Mathew Diekhake
Jaren Jackson Jr., the talented power forward/center for the Memphis Grizzlies, has had a relatively straightforward contract history since being drafted in 2018. Here’s a breakdown of his NBA contracts:
1. Rookie Scale Contract (2018–2022)
- Drafted: 4th overall in the 2018 NBA Draft by the Memphis Grizzlies.
- Contract Details: Signed a standard 4-year rookie scale contract.
- Total Value: ~$29.2 million
- Annual Breakdown:
- 2018-19: ~$5.9 million
- 2019-20: ~$6.2 million
- 2020-21: ~$7.3 million
- 2021-22: ~$9.2 million
- Team Option: The Grizzlies exercised the 4th-year team option for the 2021-22 season.
2. Rookie Scale Extension (2022–2026)
- Extension Signed: In October 2021, Jaren Jackson Jr. signed a 4-year, $105 million rookie scale extension with the Memphis Grizzlies.
- Total Value: $105 million (with no player or team options).
- Annual Breakdown:
- 2022-23: ~$24.1 million
- 2023-24: ~$25.9 million
- 2024-25: ~$27.7 million
- 2025-26: ~$29.4 million
- Incentives: The contract includes performance-based incentives, which could increase its total value.
Current Contract Status
- Jackson is currently in the second year of his 4-year extension (2023-24 season).
- He will earn $25.9 million in the 2023-24 season and is under contract with the Grizzlies through the 2025-26 season.
Future Outlook
- Jackson has established himself as a cornerstone of the Grizzlies’ franchise, earning Defensive Player of the Year honors in the 2022-23 season.
- If he continues to perform at an elite level, he could be in line for another significant contract extension when his current deal expires.