Lauri Markkanen, Jazz expected to agree to massive extension, making him untradable for entire 2024-25 season
All-Star forward Lauri Markkanen has been the NBA’s most desired trade candidate this offseason, but he isn’t going anywhere. Markkanen and the Utah Jazz are expected to agree to a massive, long-term contract extension, planned to be signed Wednesday or later, making him ineligible to be traded for the entire 2024-25 season, league sources tell The Athletic.
Source: New York Times
Source: New York Times
What’s the buzz on Twitter?
Evan Sidery @esidery
Lauri Markkanen is signing a $200+ million extension with the Jazz, per @ShamsCharania (nytimes.com/athletic/56838…).
Markkanen will officially sign later this week as Utah locks in their star through 2029. pic.twitter.com/aclKE7HWI3 – 11:59 AM
Lauri Markkanen is signing a $200+ million extension with the Jazz, per @ShamsCharania (nytimes.com/athletic/56838…).
Markkanen will officially sign later this week as Utah locks in their star through 2029. pic.twitter.com/aclKE7HWI3 – 11:59 AM
Shams Charania @ShamsCharania
JUST IN: NBA All-Star Lauri Markkanen and the Utah Jazz are expected to agree to a massive long-term contract extension and sign Wednesday or later, making him untradeable for entire 2024-25, sources tell me, @Tjonesonthenba, @anthonyVslater.
Details: nytimes.com/athletic/56838… – 11:40 AM
JUST IN: NBA All-Star Lauri Markkanen and the Utah Jazz are expected to agree to a massive long-term contract extension and sign Wednesday or later, making him untradeable for entire 2024-25, sources tell me, @Tjonesonthenba, @anthonyVslater.
Details: nytimes.com/athletic/56838… – 11:40 AM
Nate Duncan @NateDuncanNBA
Being in Asia means I can begin celebrating Lauri Markkanen Renegotiation and Extension While Still Trade Eligible By the Deadline Day 13 hours before Atlanta. @johnhollinger, you jealous? – 6:29 PM
Being in Asia means I can begin celebrating Lauri Markkanen Renegotiation and Extension While Still Trade Eligible By the Deadline Day 13 hours before Atlanta. @johnhollinger, you jealous? – 6:29 PM
Kurt Helin @basketballtalk
Lauri Markkanen is expected to delay signing an extension with Jazz a day, taking him off the trade market next season.
nbcsports.com/nba/news/lauri… – 6:22 PM
Lauri Markkanen is expected to delay signing an extension with Jazz a day, taking him off the trade market next season.
nbcsports.com/nba/news/lauri… – 6:22 PM
Sirius XM NBA @SiriusXMNBA
Tune in to NBA Today at a special time 1-4p ET w/ @TermineRadio & @JumpShot8
🏀 Previewing the Quarterfinals
🔊 Future of Lauri Markkanen
📷 Tyrone Corbin at 3:20p ET
Listen Live: sxm.app.link/nbaradiolive
Call the Show: 855-622-5867
The show replay’s at 4 PM ET pic.twitter.com/KcIXJuRcDx – 12:59 PM
Tune in to NBA Today at a special time 1-4p ET w/ @TermineRadio & @JumpShot8
🏀 Previewing the Quarterfinals
🔊 Future of Lauri Markkanen
📷 Tyrone Corbin at 3:20p ET
Listen Live: sxm.app.link/nbaradiolive
Call the Show: 855-622-5867
The show replay’s at 4 PM ET pic.twitter.com/KcIXJuRcDx – 12:59 PM
Jake Fischer @JakeLFischer
All indications are Lauri Markkanen won’t sign any extension with Utah until after the day he becomes eligible to re-up with the Jazz tomorrow, league sources told @YahooSports, ruling the talented 27-year-old off the trade market for the 2024-25 season: sports.yahoo.com/breaking-down-… – 10:59 AM
All indications are Lauri Markkanen won’t sign any extension with Utah until after the day he becomes eligible to re-up with the Jazz tomorrow, league sources told @YahooSports, ruling the talented 27-year-old off the trade market for the 2024-25 season: sports.yahoo.com/breaking-down-… – 10:59 AM
Bobby Marks @BobbyMarks42
As the window to renegotiate a new contract is set to open on August 6, what is the future of Lauri Markkanen and the Utah Jazz?
Reporting with @espn_macmahon
espn.com/nba/story/_/id… pic.twitter.com/fLehjEqDwf – 10:57 AM
As the window to renegotiate a new contract is set to open on August 6, what is the future of Lauri Markkanen and the Utah Jazz?
Reporting with @espn_macmahon
espn.com/nba/story/_/id… pic.twitter.com/fLehjEqDwf – 10:57 AM
More on this storyline
The Jazz held Markkanen trade conversations with several serious suitors over the last month, including the San Antonio Spurs, Sacramento Kings and Golden State Warriors. The Warriors made the most aggressive offer, centered around Moses Moody, multiple first-round picks, pick swaps and second-rounders, team sources from both sides said. Utah wanted Brandin Podziemski in any theoretical deal. The Warriors were protective of Podziemski in the Markkanen conversation and a few other leaguewide trade proposals this summer, league sources said. -via New York Times / August 6, 2024
The deal will come via a renegotiation-and-extend, using the Jazz’s $33 million of open salary-cap space. League sources said Markkanen’s deal is projected to be worth upwards of $200 million over five years. It keeps him under contract through 2029, giving him the richest contract in Jazz history and one of the highest salaries for a European player in NBA history. Utah is able to give Markkanen his maximum salary of $42.2 million this upcoming season by using $24.13 million of that cap space to add to his current $18 million salary. -via New York Times / August 6, 2024
Talks between the Warriors and Jazz were most alive in early July but became sporadic in recent weeks, league sources said. In the last several days, the Warriors have been resigned that a Markkanen long-term extension in Utah is a foregone conclusion, team sources said. No team met the Jazz’s enormous value for their centerpiece forward, and rival executives understood the only way Utah would consider a proposal was if it was overwhelming. -via New York Times / August 6, 2024