Memphis Grizzlies have made a significant move by trading Desmond Bane to the Orlando Magic, creating speculation about potential changes in their roster. However, the team quickly shifted focus to securing Jaren Jackson Jr.'s future by finalizing a five-year, $240 million max contract extension, ensuring he remains a cornerstone of the franchise. Last season, Jackson showcased elite performance as he averaged 22.2 points and won the Defensive Player of the Year award, establishing himself as an All-Star.

Furthermore, the Grizzlies retained Santi Aldama with a new three-year deal worth $52.5 million, bolstering their frontcourt alongside Jackson and newcomer Zach Edey. The team is also negotiating a resolution involving Cole Anthony to clear salary cap space. As they navigate these transitions, Memphis aims to maintain competitiveness in the Western Conference.