Desmond Bane is returning to the Grizzlies on a max deal.
ESPN's Adrian Wojnarowski reports Bane agreed to a five-year, $207 million extension to remain in Memphis. There, he will continue with a core featuring two-time All-Star Ja Morant and reigning Defensive Player of the Year Jaren Jackson Jr.
Bane, 25, averaged 21.5 points, five rebounds, 4.4 assists and one steal last season while shooting 47.9% from the field and 40.8% on seven 3-point attempts per game. He's exceeded the expectations that made him the 30th pick of the 2020 draft out of TCU while developing into a premier 3-point threat who's shot 42.