Markkanen Inks 5-year, $238M Extension With Utah | The Sporting Base
[google-translator]

Markkanen inks 5-year, $238M extension with Utah

August 8, 2024

Markkanen inks 5-year, $238M extension with Utah

Lauri Markkanen has agreed to a five-year, $238 million contract renegotiation and extension with the Utah Jazz, per ESPN’s Adrian Wojnarowski.

The 27-year-old originally had one season and $18 million to run on his deal but utilised the team’s cap space to up that amount to $52 million and tack on a four-year, $196 million extension.

On top of that, Markkanen is now unable to be traded until next offseason – a notable development given the number of offers Utah have received for him in recent months.

The one-time All-Star is fresh off a year in which he averaged 23.2 ppg and 8.2 rpg on 63.1 TS% in 55 starts.

He was also one of just eight players to shoot 39% or better on 7+ threes nightly.

The Finland-native was traded to Utah from Cleveland as a part of the Donovan Mitchell deal two years ago and upped his scoring average by double digits en route to a maiden All-Star berth and Most Improved Player nod.

The Jazz have continued their rebuild over the summer adding first round picks Cody Williams and Isaiah Collier with Markkanen’s new commitment a welcomed boost.


Fill In The Form Below To Receive Our NBA News & Tips Via Email!

  • This field is for validation purposes and should be left unchanged.

Tell Us What You Think Below

March 19, 2026

Sea Eagles bosses prepared to let Seibold try and turn things around for now

Anthony Seibold remains safe as Manly’s head coach for the time being, despite his 0–2 start to the season, with Sea Eagles club management currently putting their faith in him to turn things Read More

March 19, 2026

Grizzlies to lose Santi Aldama and Scotty Pippen Jr. for the season with surgeries

The Memphis Grizzlies will not have two key players on their roster for the rest of the 2025-26 National Basketball Association regular season according to HoopsHype on Wednesday They are power Read More

March 19, 2026

Dolphins trade wide receiver Jaylen Waddle to the Broncos

There was a significant trade in the National Football League on Tuesday between the Miami Dolphins and Denver Broncos The Dolphins have traded wide receiver Jaylen Waddle of Houston, Texas to the Read More