Breaking: Ja Morant Just Signed a New Multi-Million Dollar Contract Extension with the Memphis Grizzlies to Finish Securing the Most Valuable Asset
Memphis, TN — In a move that sends a thunderous message across the NBA landscape, the Memphis Grizzlies have officially locked in their franchise cornerstone. ESPN confirms that Ja Morant, the electric All-Star guard and face of the franchise, has agreed to a massive multi-million dollar contract extension that keeps him in Memphis for the long haul.
The deal, reportedly worth upwards of $260 million over five years, reaffirms the Grizzlies’ commitment to Morant as their most valuable asset — not just on the court, but as a cultural icon for the city and a central figure in their championship aspirations.
“This is where I want to be,” Morant said during the press conference, flashing his signature smile. “This city embraced me from day one, and I’m ready to give everything I’ve got to bring a title home.”
Since being drafted second overall in 2019, Morant has transformed the Grizzlies from a rebuilding team into a playoff threat, dazzling fans with his gravity-defying dunks, court vision, and unmatched explosiveness. The 25-year-old averaged 26.2 points, 8.1 assists, and 5.9 rebounds per game last season before a brief suspension — but the Grizzlies never wavered in their belief in him.
“Ja isn’t just the heart of this team — he’s the heartbeat of this city,” said GM Zach Kleiman. “This extension is about much more than numbers. It’s about securing our future and keeping our family together.”
The announcement sparked immediate celebrations in Memphis, with fans flooding social media and even gathering outside FedExForum to show support. Murals of Morant downtown lit up in blue and gold, as chants of “M-V-P!” rang out in the streets.
The new contract includes performance incentives, community initiatives, and clauses designed to foster leadership and growth — both personal and professional. According to insiders, Morant’s team worked closely with the franchise to ensure the deal also included investments in youth basketball and mental health programs throughout the Memphis area.
With this extension, the Grizzlies have put the league on notice: they’re not just building a team — they’re building a dynasty.
And it all starts with Ja Morant — the most valuable asset secured.
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