Grizzlies' 2026 NBA Finals Odds Stay Stagnant After Jaren Jackson Jr., Santi Aldama Signings

The Grizzlies are +20000to win the NBA Finals in the 2025-26 season.

The Grizzlies are +20000to win the NBA Finals in the 2025-26 season. / Petre Thomas-Imagn Images

Even though the Memphis Grizzlies moved on from Desmond Bane this offseason, they have made two moves to keep their core intact for the 2025-26 season.

According to ESPN's Shams Charania, the Grizzlies have agreed to a five-year, $240 million maximum extension with Jaren Jackson Jr., keeping Ja Morant's running mate with the franchise for the forseeable future.

BREAKING: The Memphis Grizzlies and All-Star Jaren Jackson Jr. are expected to agree on a five-year, $240 million maximum renegotiation-and-extension, sources tell ESPN. Head of CAA Basketball Austin Brown and CAA agent Max Saidman negotiated the new agreement with the Grizzlies. pic.twitter.com/pKkI25cFIp

— Shams Charania (@ShamsCharania) June 30, 2025

In addition to that, the Grizzlies re-signed forward Santi Aldama to a three-year, 52.5 million deal, keeping two key pieces of their frontcourt on the roster.

Restricted free agent Santi Aldama has agreed to a three-year, $52.5 million deal to return to the Memphis Grizzlies, sources tell ESPN. CAA’s Austin Brown, Steven Heumann and Max Sadiman finalized the deal with the Grizzlies for Aldama, who had a career year last season. pic.twitter.com/Pk7j1HjtXy

— Shams Charania (@ShamsCharania) June 30, 2025

Despite those moves, oddsmakers aren't sold on the Grizzlies in the 2025-26 season. Memphis is just +20000 to win the NBA Finals at DraftKings, which is good for the 10th-best odds in the Western Conference. Essentially, oddsmakers are saying that the Grizzlies are at best a play-in team with their current roster in a loaded West.

Still, getting both Aldama and Jackson Jr. locked down is a good sign for the future of the roster. JJJ averaged 22.2 points, 5.6 rebounds, 2.0 assists and 1.5 blocks per game in the 2024-25 season. A perennial Defensive Player of the Year candidate, JJJ is one or the most versatile bigs in the NBA, although he does struggle as a rebounder.

Meanwhile, Aldama can really stretch the floor, as he shot 36.8 percent from beyond the arc in the 2024-25 season.

In addition to the signings of Jackson Jr. and Aldama, the Grizzlies reportedly agreed to a guaranteed deal with former two-way guard Cam Spencer as well.

The Memphis Grizzlies and guard Cam Spencer have agreed to a two-year, $4.5 million fully guaranteed contract, sources tell ESPN. Mark Bartelstein and Ross Aroyo of @PrioritySports finalized a deal with Memphis execs after Spencer had flashes of strong play as a two-way rookie. pic.twitter.com/tbpYujUHNN

— Shams Charania (@ShamsCharania) June 30, 2025

Memphis has been in the mix for a playoff spot in just about every season that Morant has been healthy, so it'll be interesting to see how the Grizzlies fare without Bane next season.

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Find Peter Dewey's NBA betting record here (futures included). You can also follow my daily plays on  BetStamp here.

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