The Memphis Grizzlies and star point guard Ja Morant have agreed to a designated rookie max extension which can pay him up to $231 million, per Adrian Wojnarowski. Morant is guaranteed $193 million in the deal.
Memphis Grizzlies star Ja Morant has agreed on a five-year, $193M designated rookie maximum extension that could become worth $231M, his agent Jim Tanner of @_TandemSE tells ESPN.— Adrian Wojnarowski (@wojespn) July 1, 2022
Morant can trigger the additional money if he makes an All-NBA team.
The Grizzlies have elevated to contender status under Morant, who emerged as a star despite flying mostly under the radar heading into his college years. After taking Murray State on a few NCAA Tournament runs, everyone knew his name.
Many felt Morant was destined for stardom after last year’s play-in heroics against the Warriors, where the point guard hit clutch shots late to secure a win and playoff berth for Memphis. Despite injuries this season, Morant helped the Grizzlies nab the No. 2 seed. There’s reason to believe he could’ve helped Memphis defeat Golden State again this postseason if not for a knee injury.