SALT LAKE CITY, Utah (AP) — Lauri Markkanen received a multiyear contract extension with Utah on Wednesday, locking him up in the Jazz’s rebuilding plans.
The deal is worth $238 million over five years, Markkanen’s agent told ESPN. Agent Michael Lelchitski of Sports International Group also said the deal includes $220 million in new money, and his salary for next season will increase by $24 million. Markkanen had one year and $18 million remaining on his contract before the new deal, and he can’t be traded until at least the 2025 offseason.
“I’m excited to do this extension,” Markkanen said in a video message posted on X. “I’m ready to get back to work and build with this franchise.”
He also thanked Jazz management for reaching the deal.
He has averaged 24.5 points since being traded to the club two years ago, was named the NBA’s Most Improved Player in his first season with the Jazz and appeared on his first All-Star team.
He played his first five seasons with the Cleveland Cavaliers and Chicago Bulls. His highest scoring average was 18.7 points in the 2018-19 season in Chicago.
2024-08-07 19:08:00
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