Jaren Jackson Jr. has two years remaining on his current contract and was eligible for a three-year extension worth $106 million before the recent deadline.

Last season, Jackson achieved a career-high average of 22.5 points per game and was awarded Defensive Player of the Year, along with two All-Defensive team selections.

Despite his accolades, discussions around player salaries show that Jackson ranks lower in pay compared to several other power forwards.

If Jackson is named Defensive Player of the Year again, selected for an All-NBA team, or wins MVP this season, he could qualify for a five-year super max extension valued at $345 million.

The Memphis Grizzlies and Jaren Jackson Jr. are set to revisit contract extension discussions next offseason.

Starting after the 2025 NBA Finals, Memphis can offer Jackson a four-year extension worth $147 million.

This news was reported by ESPN and shared by analyst Bobby Marks on Twitter.