Newsletter
Fadeaway World
  • Fadeaway World
  • NBA News & Analysis
  • NBA Trade Rumors
  • NBA News & Media
  • Exclusive Interviews
  • NBA 2K
Reading: Desmond Bane Signs Five-Year Extension With Grizzlies Worth $207 Million
Fadeaway WorldFadeaway World
Search
  • Fadeaway World
  • NBA News & Analysis
  • NBA Trade Rumors
  • NBA News & Media
  • Exclusive Interviews
  • NBA 2K
Follow US
Home > NBA News & Analysis > Desmond Bane Signs Five-Year Extension With Grizzlies Worth $207 Million

Desmond Bane Signs Five-Year Extension With Grizzlies Worth $207 Million

Memphis Grizzlies secure the future of prized shooting guard with massive extension.

Nico Martinez
Jul 1, 2023
3 Min Read
Share

Credit: Winslow Townson-USA TODAY Sports

During a wild day of free agency, the Memphis Grizzlies made a number of notable moves. Besides bringing in veteran point guard Derrick Rose, they also locked up one of their own with a shiny new contract worth over $200 million.

Posted late on Friday night, Adrian Wojnarowski revealed the news of Desmond Bane’s new contract with the Memphis Grizzlies that will keep him in town for the next half-decade.

“BREAKING: Memphis Grizzlies G Desmond Bane has agreed on a five-year, $207M max contract extension, his agents Jim Tanner, Max Wiepking and Terrence Felder of @_Tandemse tell ESPN. Grizzlies’ cornerstone players — Ja Morant, Jaren Jackson Jr., and Bane — are secured long-term.”

BREAKING: Memphis Grizzlies G Desmond Bane has agreed on a five-year, $207M max contract extension, his agents Jim Tanner, Max Wiepking and Terrence Felder of @_Tandemse tell ESPN. Grizzlies’ cornerstone players — Ja Morant, Jaren Jackson Jr., and Bane — are secured long-term. pic.twitter.com/tFeXZedcst

— Adrian Wojnarowski (@wojespn) July 1, 2023

At just 25 years old, Bane has cemented himself as a franchise player for the Grizzlies. In 58 games last season, he averaged 21.5 points, 5 rebounds, and 4.4 assists per game on 47% shooting.

Alongside Ja Morant and Jaren Jackson Jr., Bane is highly valuable as a perimeter shooter and pure shot-maker, but he can also hold his own on defense as well. Extending his contract was really a no-brainer move for the Grizzlies given the alternatives.

The real question for this team now is regarding Ja Morant, and whether or not he’s ready to lead. If he can leave all of the shenanigans in the past and just focus on being the best player he can be, there is no limit to how good the Grizzlies can be.

Of course, he’ll still serve those 25 games before he can play a minute on the NBA court.


Are The Grizzlies Title Contenders?

While it might be easy to dismiss Memphis as pretenders in the West, they were once at the top of the standings when fully healthy. Sadly, injuries derailed their season and the loss of Steven Adams was essentially the beginning of the end for the Grizzlies last season.

Next time, the hope is that this group can stay healthy so they can keep the team afloat without Ja and compete for a title when he finally returns. Re-signing Bane was just one step in keeping this team together, but there is still so much work to be done in Memphis.

We sincerely appreciate and respect you as a reader of our site. It would help us a lot if you follow us on Google News because of the latest update.

Thanks for following us. We really appreciate your support.

Follow on Google News

Thank you for being a valued reader of Fadeaway World. If you liked this article, please consider following us on Google News. We appreciate your support.

TAGGED:Desmond BaneMemphis Grizzlies Archive
Share This Article
Facebook Email Copy Link Print
ByNico Martinez
Follow:
Nico Martinez is a veteran staff writer for Fadeaway World from Brooklyn, New York. He joined Fadeaway World in 2016 and is currently residing in Columbia, South Carolina. Nico holds a degree in Sports Management from Columbia International University where he built a strong foundation in the inner workings of sports media and management. Nico's contributions have significantly enhanced the credibility and depth of Fadeaway World's content, earning him recognition across the sports journalism community. His work has been discussed in prestigious publications like Sports Illustrated. A dedicated follower of LeBron James, Nico often leads coverage on news related to the basketball star. With nearly a decade of experience in sports journalism, Nico consistently provides comprehensive and timely basketball news, engaging a wide audience of basketball enthusiasts.Nico's most desired player to interview, past or present, is Kevin Durant. He is particularly keen on asking Durant if he has any regrets about his career, especially concerning his departure from the Oklahoma City Thunder, and why he engages so much with fans on social media. 
Previous Article Los Angeles Lakers Have Already Offered Austin Reaves A Max Contract
Next Article Tyrese Haliburton And The Indiana Pacers Have Agreed On A Five-Year Designated Max Extension Worth Up To $260 Million
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Newsletter

Stay up to date with our newsletter on the latest news, trends, ranking lists, and evergreen articles

Newsletter
Facebook X-twitter Instagram

You Might Also Like

Jimmy Butler
Golden State Warriors News & Analysis

Jimmy Butler Compromised For Lakers Game With Brutal Injury

October 4, 2025
Chris Paul
Los Angeles Clippers News & Analysis

Chris Paul Sets The Record Straight On NBA Retirement Plans

October 4, 2025
Klay Thompson
Dallas Mavericks News & Analysis

Klay Thompson Reveals The Key To Mavericks Title Run

October 4, 2025
Austin Reaves
Los Angeles Lakers News & Analysis

Austin Reaves’ Grandma Was Ready To Confront LeBron James For Yelling At Him

October 4, 2025

NBA - Fadeaway World

  • Atlanta Hawks
  • Boston Celtics
  • Brooklyn Nets
  • Charlotte Hornets
  • Chicago Bulls
  • Cleveland Cavaliers
  • Dallas Mavericks
  • Denver Nuggets
  • Detroit Pistons
  • Golden State Warriors
  • Houston Rockets
  • Indiana Pacers
  • Los Angeles Clippers
  • Los Angeles Lakers
  • Memphis Grizzlies
  • Miami Heat
  • Milwaukee Bucks
  • Minnesota Timberwolves
  • New Orleans Pelicans
  • New York Knicks
  • Oklahoma City Thunder
  • Orlando Magic
  • Philadelphia 76ers
  • Phoenix Suns
  • Portland Trail Blazers
  • Sacramento Kings
  • San Antonio Spurs
  • Toronto Raptors
  • Utah Jazz
  • Washington Wizards

Pages

  • NBA Trade Rumors
  • NBA Media
  • Exclusive NBA Interviews
  • NBA 2K News & Updates

© 2025 Fadeaway World @ All Rights Reserved

  • About Fadeaway World
  • Fadeaway World Authors
  • Editorial Team
  • Ethics Policy
  • Corrections Policy
  • Editorial Guidelines
  • Fact-Checking Policy
  • Contact Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?