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

May 5, 2026

Cam Young wins 2026 Cadillac Championship

Cameron Young of Scarborough, New York has won the 2026 Cadillac Championship This was Young's second PGA Tour win of the season and third of his career He previously won the 2025 Wyndham Read More

May 5, 2026

76ers and Pistons deliver sensational first round playoff series comebacks

The Detroit Pistons and Philadelphia 76ers are red hot going into the second round of the 2026 National Basketball Association postseason Both the Pistons and 76ers were down three games to one in Read More

May 5, 2026

Marta Kostyuk and Jannik Sinner win 2026 Madrid Open

The finals of the 2026 Madrid Open are in the books The favourite won the men's side, and there was an underdog winner on the women's side In the men's final, Jannik Sinner of Italy continued his Read More