After a summer as one of the hottest names on the NBA Trade Rumor list, forward Lauri Markkanen has signed a five-year, $238 million contract extension with the Utah Jazz. The extension will keep him in Utah a minimum of one more season, as he will be ineligible to be traded over the next six months. That span of ineligibility will overflow the 2025 NBA Trade Deadline, which falls on February 6th of next year.
Adrian Wojnarowski of ESPN tweeted the news:
Utah Jazz All-Star forward Lauri Markkanen has signed a five-year, $238 million contract renegotiation and extension – including $220 million in new money, his agent Michael Lelchitski of @SIGSports tells ESPN.