Memphis Grizzlies Rumors | Hoops Rumors

Grizzlies To Renegotiate, Extend Jaren Jackson Jr.

June 30th, 2025 at 5:18pm CST by Rory Maher

The Grizzlies are expected to renegotiate and extend Jaren Jackson Jr.‘s contract, according to Shams Charania of ESPN, who reports (via Twitter) that Memphis is giving the former Defensive Player of the Year a five-year, $240MM deal.

The forward/center’s new extension will feature a player option for the 2029/30 season, sources tell Charania (Twitter link).

It’s worth noting that the Grizzlies do not currently have the requisite cap room to renegotiate and extend Jackson at the salary that Charania reported — additional cost-cutting moves will be necessary in order to complete the transaction.

John Konchar and Cole Anthony have been rumored as salary-dump candidates, and Charania suggests (via Twitter) that Anthony will likely be the odd man out. The 25-year-old guard is on an expiring $12.9MM contract, but Charania’s reporting suggests he’ll likely be traded or bought out.

Giving Jackson a lucrative new deal was long expected to be a top priority for Memphis. The 25-year-old was entering the final year of his current contract, which would have paid him about $23.4MM in ’25/26.

Based on the terms of his new deal, his salary for next season will need to be increased by nearly $10MM as part of the renegotiation — the $240MM total by Charania likely includes the $23.4MM he’s already owed for next season, so it’ll be closer to $217MM in new money.

As Keith Smith of Spotrac tweets, the Grizzlies need to trim about $7MM in payroll for next season to finalize Jackson’s deal. They’ll have access to the room version of the mid-level exception by operating below the cap, with free agent guard Ty Jerome a rumored target.

Jackson was named an All-Star for the second time last season and earned a spot on the All-Defensive Second Team. In 74 games (29.8 MPG), he averaged 22.2 PPG, 5.6 RPG, 2.0 APG, 1.2 SPG and 1.5 BPG, with a shooting line of .488/.375/.781.

The Grizzlies have also agreed to a three-year, $52.5MM deal with restricted free agent forward Santi Aldama, according to Charania.

Memphis has been busy this offseason, trading Desmond Bane to Orlando in a blockbuster deal that saw the Grizzlies acquire four first-round picks, one first-round swap, Kentavious Caldwell-Pope and Anthony. The Grizzlies then used two of those picks to move up in the draft and land Washington State wing Cedric Coward.

Stein/Fischer’s Latest: Jerome, Kennard, Capela, Lakers, Bulls, More

June 30th, 2025 at 2:42pm CST by Luke Adams

In their latest round-up of scuttlebutt ahead of the start of free agency on Monday, Marc Stein and Jake Fischer of The Stein Line (Substack link) reiterate or confirm a few of the rumors that have been percolating in recent days, writing that Dennis Schröder appears to be on track to join the Kings on a two-year deal worth the non-taxpayer mid-level exception, while D’Angelo Russell is widely expected to join the Mavericks on a two-year deal that utilizes the taxpayer mid-level.

Stein and Fischer also stress that the Grizzlies are increasingly regarded as the favorites to land free agent guard Ty Jerome, with rival teams expecting him to sign for a deal in the neighborhood of $9-10MM annually (Twitter link).

Additionally, Stein and Fischer confirm that the Rockets are now eyeing Luke Kennard in addition to Dorian Finney-Smith. Besides Houston, the Hawks and Nuggets are considered potential suitors for Kennard, one of the league’s best outside shooters, according to The Stein Line duo.

Here are a few more fresh pieces of intel from Stein and Fischer:

The Clippers are viewed as a viable candidate to land free agent center Clint Capela. Los Angeles is known to be in the market for an Ivica Zubac backup, with Drew Eubanks not expected to return.
If the Lakers end up losing Finney-Smith in free agency, they’re expected to express interest in another talented perimeter defender, De’Anthony Melton, Stein and Fischer report. Dan Woike of The Athletic (Twitter link) has also heard that there’s mutual interest between Melton and the Lakers. The veteran guard signed for the full non-taxpayer mid-level a year ago, but seems unlikely to land another deal in that range after missing nearly the entire season with a torn ACL.
There’s a “strong expectation” that free agent point guard Tre Jones will remain with the Bulls, Stein and Fischer say. K.C. Johnson of the Chicago Sports Network previously reported that the odds of a reunion between the two sides were rising following the team’s Lonzo Ball trade.
The Bucks are working on potential Pat Connaughton trade scenarios and have a couple possible pathways to a deal, per Stein and Fischer. Milwaukee would likely have to attach a sweetener to move Connaughton, but perhaps could acquire a player in return who would upgrade the rotation.
The Wizards have been gauging the trade market for a pair of veterans on expiring contracts, guard Marcus Smart and big man Kelly Olynyk, Stein and Fischer write. Olynyk technically isn’t even a Wizard yet, as the deal sending him from New Orleans to Washington will become official after the July moratorium — it sounds like there’s a chance he’s flipped to another team.
DeMarre Carroll and former Wizards assistant Brian Randle are expected to have two of the front-of-bench spots on Jordan Ott‘s coaching staff, but the new Suns coach is still seeking a lead assistant who has previous head coaching experience, according to Stein and Fischer.

Scotto’s Latest: Alexander-Walker, Richards, Capela, Kennard, Shamet

June 30th, 2025 at 10:34am CST by Arthur Hill

Echoing multiple reports, Michael Scotto of HoopsHype confirms that the Hawks and Pistons are considered to be the front-runners for Timberwolves guard Nickeil Alexander-Walker, but he lists other contenders as well. League sources tell Scotto that the Clippers and Raptors remain in pursuit of Alexander-Walker along with other teams. He adds that the Magic were also interested before trading for Desmond Bane.

Toronto may be a surprise considering its position near the bottom of the standings this year, but the Raptors are reportedly determined to make a quick turnaround. Scotto notes that Alexander-Walker is a Toronto native and the franchise has a history of bringing in Canadian players, with four on the roster this season.

Scotto talked with several executives around the league who expect Alexander-Walker to sign for at least the $14.1MM non-taxpayer mid-level exception. League sources told Scotto they don’t expect him to return to the Wolves after they reached new deals with Naz Reid and Julius Randle.

Scotto shares more rumors as the start of free agency draws near:

Center Nick Richards appears to be a trade candidate after the Suns drafted Khaman Maluach and agreed to acquire Mark Williams from Charlotte. Richards’ $5MM contract for next season became fully guaranteed on Sunday, and Scotto hears from league sources that the Knicks, Pacers and Lakers are among the teams with interest.
Clint Capela isn’t expected to return to the Hawks in the wake of the Kristaps Porzingis deal, and Scotto lists the Clippers, Lakers and Spurs as teams to watch for the free agent center.
Sources tell Scotto that Luke Kennard is likely to move on from the Grizzlies. The 29-year-old guard is one of the league’s top three-point shooters.
The Knicks would like to keep free agent guard Landry Shamet, but he’s being eyed by several contending teams, Scotto adds.

Stein/Fischer’s Latest: Jerome, Finney-Smith, Turner, Russell, T. Jones, Paul

June 30th, 2025 at 8:49am CST by Arthur Hill

The Grizzlies appear to be the leaders in the race to sign free agent guard Ty Jerome, according to Marc Stein and Jake Fischer of The Stein Line (Substack link). Jerome is coming off a breakout season, but his salary demands are too high for a Cleveland team on the brink of the second apron, so he’s considered a “lock” to leave in free agency. Stein previously mentioned Charlotte and Utah as other teams to watch for Jerome, but Memphis might be separating itself from the pack.

The main question, according to the authors, is how much the Grizzlies are willing to pay Jerome, who is believed to be seeking a deal starting around the $14.1MM non-taxpayer mid-level exception to Jerome. Memphis has been operating recently with the goal of creating enough financial flexibility to renegotiate and extend Jaren Jackson Jr. while matching any offers for restricted free agent forward Santi Aldama, so any offer for Jerome couldn’t get in the way of those goals.

League sources tell Stein and Fischer that the Grizzlies tried to find a taker for Cole Anthony over the weekend. Sending out Anthony’s $13.1MM contract could enable Memphis to acquire Jerome via sign-and-trade.

There’s more inside information from Stein and Fischer:

As reported on Sunday, the Rockets appear to be the top threat to sign Dorian Finney-Smith away from the Lakers. Houston has the $14.1MM MLE available, but the authors hear that its offer may cover four years at a little less than the full amount. L.A. is still hoping to re-sign the 32-year-old forward, who was a part-time starter after being acquired from Brooklyn in December. Finney-Smith turned down a $15.4MM player option on Sunday, and Stein and Fischer report surprise throughout the league that his announcement wasn’t accompanied by a new deal with the Lakers.
There’s “no tangible expectation” that Myles Turner will leave the Pacers in free agency, according to Stein and Fischer. There was some speculation that Indiana might reconsider a new deal with its starting center in the wake of Tyrese Haliburton‘s Achilles injury, but coach Rick Carlisle seemed to squash that when he said on a radio interview last week that re-signing Turner remains the team’s “No. 1 priority.”
The Mavericks are expected to use their $5.7MM taxpayer MLE to sign Nets guard D’Angelo Russell to a two-year deal, Stein and Fischer add. Even with that addition, which would be the team’s 15th standard contract, they state that Dallas still hopes to open a roster spot to re-sign Dante Exum. The authors expect the Mavs to search for a team willing to take on Olivier-Maxence Prosper‘s $3MM contract for next season. The 2023 first-round pick has a $5.3MM team option for 2026/27, so it’s potentially a one-year commitment.
The Magic‘s decision on Sunday to decline an $11MM option on Moritz Wagner and a $2.1MM option on Caleb Houstan could create an opportunity to sign free agent point guard Tyus Jones. If Jones leaves Phoenix, Stein and Fischer speculate it could lead to Chris Paul returning to the Suns, as they first reported on Sunday.

Grizzlies Extend Qualifying Offer To Santi Aldama

June 29th, 2025 at 5:36pm CST by Eli Cohen

The Grizzlies have issued a qualifying offer to impending free agent forward Santi Aldama, making him a restricted free agent, reports Michael Scotto for HoopsHype (via Twitter).

Aldama has become a crucial part of the Grizzlies’ big-man rotation, starting 71 games over the last three years for Memphis. In 2024/25, he averaged 12.5 points, 6.4 points, and 2.9 assists per game while shooting 36.8% from three, all career-high numbers. He also averaged 13.0 PPG and 6.0 RPG while shooting 41.7% from three in the Grizzlies’ four playoff games this spring.

His size at 6’11” and versatile skill set have allowed Aldama to play with equal comfort alongside star big man Jaren Jackso n Jr., Zach Edey, or Brandon Clarke, and even occasionally play in three-big lineups as the small forward.

It has been reported that Aldama may have his share of suitors willing to offer the full mid-level of $14.1MM annually, with the Pistons being a team that has been heavily linked to the Spanish big man. By extending the qualifying offer, the Grizzlies have ensured that they can match any offer another team makes.

The Grizzlies also tendered a two-way qualifying offer to Cam Spencer, making him a restricted free agent, tweets Chris Herrington of The Daily Memphian. The 25-year-old averaged 4.2 PPG, 1.4 APG, and 1.2 RPG in 25 games (10.1 MPG) for Memphis as a rookie after being drafted 53rd overall a year ago.

Free Agent Notes: Rollins, CP3, Aldama, Grimes, Wolves, E. Miller

June 29th, 2025 at 1:57pm CST by Luke Adams

The Bucks have tendered a qualifying offer to guard Ryan Rollins, making him a restricted free agent, a league source tells Eric Nehm of The Athletic (Twitter link).

After starting the 2024/25 season on a two-way contract in Milwaukee, Rollins was promoted to a rest-of-season standard deal in March. He played a regular role in the backcourt, especially when Damian Lillard missed time for health reasons, and had a solid season, with averages of 6.2 points, 1.9 assists, and 1.9 rebounds in 14.6 minutes per game, along with a shooting line of .487/.408/.800.

His qualifying offer is worth a projected $2.58MM and will give the Bucks the right of first refusal in the event that he signs an offer sheet with a rival team.

Here are a few more free agency notes and rumors from around the NBA:

Echoing other recent reporting, Tim Reynolds of The Associated Press (Twitter link) says the belief around the NBA is that veteran point guard Chris Paul will play at least one more season and wants to do so in Los Angeles to be close to his family. It’s unclear whether that means the Clippers and Lakers will be the only options he considers or whether other West Coast teams might be in play.
Zach Lowe of The Ringer (YouTube link; hat tip to RealGM) says he has heard that Grizzlies restricted free agent Santi Aldama will have “full mid-level deals waiting for him” when he hits the market. Memphis would have the ability to match any offer sheet Aldama signs or could simply directly negotiate a new deal with him.
Within a story that examines the challenges the Sixers will face as they try to retain both Quentin Grimes and Guerschon Yabusele in free agency, Tony Jones of The Athletic cites sources who say Grimes is hoping to sign a contract that averages $25MM annually. An earlier report indicated the restricted free agent guard is expected to land a starting salary worth at least $16MM.
The Timberwolves, who are expected to lose Nickeil Alexander-Walker in free agency, would like to add another ball-handler if they can, tweets Jon Krawczynski of The Athletic. Minnesota likely won’t be able to offer outside free agents more than the veteran’s minimum due to the team’s position relative to the second tax apron.
The Bulls have issued a two-way qualifying offer to forward Emanuel Miller, reports Michael Scotto of HoopsHype (Twitter link). The move makes Miller a restricted free agent after he had a solid 2024/25 season in the G League with the Texas Legends and Windy City Bulls.

Pistons Eyeing LeVert, Alexander-Walker Amid Beasley Gambling Allegations

June 29th, 2025 at 12:40pm CST by Dana Gauruder

Amid a probe by the U.S. District Attorney’s office into alleged gambling activities by Pistons free agent guard Malik Beasley, Detroit is mulling a different approach this offseason, Grant Afseth reports in an RG.org story.

Talks between the Pistons and Beasley have stalled, despite previous momentum on a multiyear deal, according to Afseth’s sources. Beasley, who was one of the league’s premier three-point shooters and reserves this past season, had been in “serious talks” on a three-year, $42MM contract to remain in Detroit, according to ESPN’s Shams Charania.

Along with the gambling allegations, Beasley is also dealing with lawsuit by his former agent, Daniel Hazan, over a financial dispute tied to a marketing advance, according to Afseth.

The Pistons are gauging the trade market on Simone Fontecchio, who has an expiring $8.3MM contract, Michael Scotto of HoopsHype tweets. A Fontecchio trade could allow the Pistons to open up $24MM in cap space if they lose two of their other top free agents, Dennis Schröder and Tim Hardaway Jr.

Opening up that cap room would help the Pistons pursue two other free agents they like — the Timberwolves’ Nickeil Alexander-Walker and the Hawks’ Caris LeVert. However, the Hawks are also pursuing Alexander-Walker and exploring a possibility of retaining LeVert. Afseth hears that the Hawks are the favorite to land the Minnesota free agent, while the Pistons are trending toward being the favorite to land LeVert. Atlanta is also among the teams in the mix for Grizzlies guard Luke Kennard.

Pistons president of basketball operations Trajan Langdon has a history with LeVert, Afseth notes (Twitter link). Langdon served as assistant GM for the Nets in 2016 when they drafted LeVert.

Stein’s Latest: NAW, Schröder, Jerome, Grimes, Kornet, Nuggets

June 29th, 2025 at 10:32am CST by Luke Adams

The Pistons and the Hawks have been described as the two best bets to sign Nickeil Alexander-Walker away from the Timberwolves when free agency gets underway, according to Marc Stein of The Stein Line (Substack link).

Both Detroit and Atlanta have previously been reported as potential suitors for Alexander-Walker, along with teams like the Clippers and Magic. The expectation is that he’ll command offers in the range of the full non-taxpayer mid-level exception, which will start at a projected $14.1MM. He might even end up getting more than that, tweets Jon Krawczynski of The Athletic.

While Minnesota has expressed a desire to retain Alexander-Walker, the club has already committed to Naz Reid on a lucrative new five-year deal and is expected to retain Julius Randle as well. Re-signing Alexander-Walker to a market-value contract would likely send the Wolves’ team salary soaring beyond the second tax apron.

As for the Pistons, there has been consistent reporting this week indicating that their free agent guard Dennis Schröder may end up signing with the Kings. While Schröder didn’t exactly confirm that this weekend during a Twitch stream, he suggested he’s unlikely to return to Detroit.

“I want to stay in Detroit for sure, but Detroit ain’t waiting for me, I can tell you that much,” Schröder said (Twitter video link). “Detroit ain’t waiting for me.”

Here’s more from Stein:

The Hornets and Grizzlies have been consistently mentioned as teams expected to pursue free agent guard Ty Jerome, according to Stein. Reporting earlier today indicated that Utah also may be in the mix for the Sixth Man of the Year finalist, who is now considered a “lock” to leave the Cavaliers, per Stein.
Sixers restricted free agent Quentin Grimes is expected to land a starting salary of at least $16MM, Stein reports. Assuming he gets that offer from Philadelphia, it would be enough to outbid any rival suitors that might be willing to give him the full non-taxpayer mid-level exception.
The Clippers, who are in the market for a center to back up Ivica Zubac, are considered a team to watch for free agent big man Luke Kornet, writes Stein.
The Nuggets, who are eyeing potential assistant coaches for David Adelman‘s staff, have been granted permission to interview Mavericks assistant Jared Dudley and have also exhibited “strong” interest in former NBA guard J.J. Barea, per Stein (Twitter links). Barea had been coaching the Guaynabo Mets in his native Puerto Rico over the past couple years before being let go last month.

Pistons, Clippers Eyeing Nickeil Alexander-Walker?

June 28th, 2025 at 1:00pm CST by Luke Adams

After the Timberwolves reached a five-year, $125MM contract agreement with big man Naz Reid on Friday, there’s a “growing belief” that they’ll bring back power forward Julius Randle on a new multiyear deal as well, reports Jake Fischer of The Stein Line (Substack link).

That might make Nickeil Alexander-Walker the odd man out in Minnesota, since re-signing the free agent guard to a market-value deal (perhaps in the range of the $14.1MM non-taxpayer mid-level exception) would push the Wolves’ salary well above the second tax apron, unless Randle takes a substantial pay cut.

According to Fischer, with Alexander-Walker’s future in Minnesota seemingly uncertain, the Pistons and Clippers have been continually identified as possible suitors for the veteran free agent guard. The Magic, who were previously identified as a team with potential interest in Alexander-Walker, are still being mentioned too, Fischer says, though their cap situation could complicate their ability to make a viable bid.

As Fischer details, it appears increasingly likely that Sacramento will make an aggressive play in free agency for Pistons free agent guard Dennis Schröder, so Detroit could look elsewhere for backcourt help and Alexander-Walker would make for an appealing target.

The Pistons have a few balls in the air, however. Sources tell Fischer that the club was prepared to make the roster moves necessary to put a competitive offer on the table for Reid before he agreed to re-sign with the Wolves. Detroit remains in the market for a floor-stretching big man, prompting Fischer to wonder if the front office might turn its attention to Santi Aldama, though the Grizzlies‘ power forward will be a restricted free agent.

The Pistons are also expected to work out a new multiyear deal with sharpshooter Malik Beasley, Fischer writes, despite only holding his Non-Bird rights. Given the team’s limited ability to offer a raise with the Non-Bird exception, Detroit would likely have to re-sign Beasley using cap room or its mid-level exception, which would further cut into the team’s spending flexibility.

As for the Clippers, the expectation is that they’ll be in the market for guard depth this summer. In Kris Dunn, L.A. already has one talented defensive stopper in its backcourt, but Alexander-Walker is more of an offensive threat than Dunn, having knocked down 38.6% of his three-point attempts over the past two seasons.

Depending on where a new contract for James Harden comes in, the Clippers should have their full non-taxpayer mid-level exception available this summer.

And-Ones: Achilles Injuries, Draft, Cap Room, Z. Smith

June 27th, 2025 at 8:55pm CST by Eli Cohen

NBA commissioner Adam Silver says the league is looking into the upswing in Achilles tendon injuries, writes Tim Reynolds Of The Associated Press.

This season alone saw Tyrese Haliburton (Pacers), James Wiseman (Pacers), Isaiah Jackson (Pacers), Dejounte Murray (Pelicans), Dru Smith (Heat), Jayson Tatum (Celtics), and Damian Lillard (Bucks) suffers Achilles tears. Nuggets 2024 first-rounder DaRon Holmes also tore his Achilles during Summer League last July.

“We had already convened a panel of experts before Tyrese’s most recent Achilles rupture,” Silver said. “We had seven this year. We had zero last year under the exact same circumstances. The most we’ve ever had in a season is four.”

Some of the factors Silver is considering are how young players and NBA players train in the offseason. He also says the league is employing artificial intelligence to help with this inquiry.

“I’m hopeful that by looking at more data, by looking at patterns, this is one area where A.I. — people are talking about how that’s going to transform so many areas — the ability with A.I. to ingest all video of every game a player’s played in to see if you can detect some pattern that we didn’t realize that leads to an Achilles injury,” he said.

We have more news from around the league:

After trading down from No. 31 on Thursday, Timberwolves president Tim Connelly suggested during a post-draft media session that a number of prospects seemed to have their slots locked in before the second round began. “It was really curious how agent-driven the second round became,” Connelly said, per Chris Hine of The Star Tribune (via Twitter). “We called players left and right, and there was 20 deals done before the draft started.” The extra day in between the first round and the beginning of the second round seems to have impacted the way agents have maneuvered their clients to the spots they prefer in the second round.
With the 2025 draft in the rear-view mirror, the offseason financial picture is clearer, writes Keith Smith for Spotrac. The Nets remain the only team with cap space, though the Pistons could still choose to be a room team as well. He adds to keep an eye out for the Grizzlies attempting to dump one or two more players to free up the cap space to renegotiate and extend Jaren Jackson Jr.‘s contract, then runs through the cap situations for the other 27 teams too.
Former Sixers guard Zhaire Smith will be working out for teams in Las Vegas on July 11, reports Marc J. Spears for Andscape (via Twitter). Smith’s career got derailed early on due to a broken foot, followed by a life-threatening allergic reaction to sesame that left him forced to use a feeding tube. He has since been trying to get back to the league, including playing 14 games last season with the Mavericks’ G League team, the Texas Legends — he averaged 20.9 points and over a block per game.