All-Star power forward Lauri Markkanen and the Utah Jazz have reportedly agreed to a five-year, $238 million extension.
After being mentioned in trade rumors all offseason, power forward Lauri Markkanen and the Utah Jazz have agreed to a five-year, $238 million extension, ESPN reported Wednesday. Markkanen was entering the final season of a four-year, $67 million deal. This extension begins next season, overtaking the final season that was remaining on Markkanen's contract, and includes no options. Markkanen now can't be traded for six months, a deadline that passes after the 2025 NBA trade deadline.
' Utah acquired Markkanen, 27, as part of its return from the Cleveland Cavaliers for star guard Donovan Mitchell in 2022. Markkanen had a breakout season in his first year with the Jazz, averaging 25.6 points per game, earning an All-Star nod and later winning the 2022-23 NBA Most Improved Player Award. Last season, Markkanen averaged 23.2 points and 8.2 rebounds per game, while shooting 48.0/39.9/89.9 across 55 games; he missed extensive time due to hamstring, quad and shoulder injuries.
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