Current:Home > reviewsReport: Lauri Markkanen signs 5-year, $238 million extension with Utah Jazz -ZenithCapital
Report: Lauri Markkanen signs 5-year, $238 million extension with Utah Jazz
View
Date:2025-04-15 19:42:26
Utah Jazz forward Lauri Markkanen signed a five-year, $238 million contract extension, ESPN.com reports.
The 27-year-old Markkanen averaged 23.2 points and 8.2 rebounds last season and was an All-Star in 2023.
The contract provides $220 million in new money and he will make $36 million this season, up from the $18 million on his original contract.
The deal also stipulates that Markkanen can't be traded for six months, meaning he can't be moved until the offseason, and the deal has no options. Next season's trade deadline is Feb. 6.
Markkanen was part of the Donovan Mitchell blockbuster trade in 2022 with the Cleveland Cavaliers after his only season with the team.
All that Jazz: Latest Utah Jazz news, schedule, roster, stats, injury updates and more.
Though the Minnesota Timberwolves drafted Markkanen in 2017, he was traded to Chicago as part of the Jimmy Butler deal. He spent four seasons in Chicago before he was dealt to Cleveland.
In seven NBA seasons, Markkanen has averaged 18.1 points and 7.3 rebounds per game, winning the NBA Most Improved Player award in 2023.
veryGood! (95)
Related
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Israel strikes across Gaza after allowing another small aid convoy into the besieged enclave
- Argentine economy minister has surprise win over populist, and they head toward presidential runoff
- The Book Report: Washington Post critic Ron Charles (October 22)
- Audit: California risked millions in homelessness funds due to poor anti-fraud protections
- Teen climbs Mount Kilimanjaro to raise money to fight sister's rare disease
- Montana man gets 18 months in federal prison for repeated racist phone calls made to a church
- Biden names technology hubs for 32 states and Puerto Rico to help the industry and create jobs
- Clay Aiken's son Parker, 15, makes his TV debut, looks like his father's twin
- DeSantis PAC attack ad hits Nikki Haley on China, as 2024 presidential rivalry grows
Ranking
- Report: Lauri Markkanen signs 5-year, $238 million extension with Utah Jazz
- More than $1 million in stolen dinosaur bones shipped to China, Justice officials say
- Decline of rare right whale appears to be slowing, but scientists say big threats remain
- Synagogue leader fatally stabbed in Detroit, police investigate motive
- NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
- 'She just needed a chance': How a Florida mom fought to keep her daughter alive, and won
- California man wins $10 million after letting cashier choose his scratch-off ticket
- 2 years after fuel leak at Hawaiian naval base, symptoms and fears persist
Recommendation
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
Full transcript of Face the Nation, Oct. 22, 2023
Montana man gets 18 months in federal prison for repeated racist phone calls made to a church
The hospital ran out of her child's cancer drug. Now she's fighting to end shortages
NCAA hits former Michigan coach Jim Harbaugh with suspension, show-cause for recruiting violations
Grizzlies' Steven Adams to undergo season-ending surgery for knee injury
‘Is this all a joke?’ Woman returns from vacation to find home demolished by mistake
Reese Witherspoon and Ryan Phillippe Share Sweet Tributes to Son Deacon on His 20th Birthday