The Grizzlies have picked up the fourth-year options for Ja Morant and Brandon Clarke and the third-year option on Desmond Bane, the team announced (via Twitter). The moves were expected as all three players deliver a level of production that exceeds their salaries for the 2022/23 season.
Morant, the No. 2 pick in the 2019 draft, was named Rookie of the Year in 2020 and helped Memphis reach the playoffs last season. He will make $12.1MM next season and will be eligible for a rookie-scale extension in July.
Clarke, who was selected 21st in 2019, has been a consistent bench player and part-time starter during both of his years with the Grizzlies. He will earn $4.3MM in 2022/23 and will also be eligible for an extension next summer.
Bane, the 30th pick in 2020, was acquired in a draft-night trade and had a productive rookie year, starting 17 of the 68 games he played. He will make $2.13MM during the 2022/23 season.
Memphis elected not to pick up the $8.1MM fourth-year option for Jarrett Culver, tweets Chris Herrington of The Daily Memphian. Culver, who was acquired from the Timberwolves in an August trade, will be an unrestricted free agent next offseason.