The Memphis Grizzlies and Jaren Jackson Jr. are expected to agree on a five-year, $240 million maximum renegotiation-and-extension. (Shams Charania on Twitter)

Massive new deal for Jaren Jackson Jr., including a player option in the final year of the contract in 2029-30, sources said. Memphis secures a franchise cornerstone long term, prioritizing the 2023 Defensive Player of the Year’s extension to begin the offseason. https://t.co/KccqYqtEMk

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