Jaren Jackson Jr. Makes Major Announcement Following Contract Extension

As free agency opened for all 30 NBA teams to start making deals, the Memphis Grizzlies jumped out of the gate and locked up some of their pieces with early deals. Jaren Jackson Jr. was the main priority, and Memphis signed the superstar forward to a five-year, $240 million maximum extension, according to ESPN's Shams Charania.

The Grizzlies also retained their standout forward Santi Aldama on a three-year, $52.5 million deal and signed guard Ty Jerome to a contract to solidify their backcourt and give Memphis another scoring option if Ja Morant misses time.

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

Now, Jackson Jr. is making a big change for the upcoming season.

Jackson Jr. is switching his number from 13 to 8 for the Grizzlies. Lamar Stevens last wore the number in the 2024-25 season.

Jaren Jackson Jr. (@jarenjacksonjr) is switching from No. 13 to No. 8 for the #Grizzlies. Number last worn by Lamar Stevens in 2025. #NBA pic.twitter.com/YS9qLLoyi5
— Etienne Catalan (@EtienneCatalan) June 30, 2025

At Michigan State, Jackson Jr. wore number 2 and had worn 13 throughout his NBA career with Memphis. He averaged 22.2 points and 5.6 rebounds per game during the 2024-25 season, and shot 37.5% from beyond the arc.

Jackson Jr. was an All-Star for the second straight season in 2025, and is now on a massive extension that locks him into a new duo with Ja Morant without Desmond Bane.

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

The Grizzlies are entering a new era with Tuomas Iisalo as their new head coach, along with a young core and a new backcourt featuring Ty Jerome.

The Grizzlies finished as the 8th seed in the Western Conference last season and will now look to contend yet again.

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