NBA free agency 2023: Desmond Bane agrees to $207M max extension with Grizzlies
Desmond Bane is returning to the Grizzlies on a max deal.
ESPN’s Adrian Wojnarowski reports that Bane has agreed to a five-year, $207 million extension to remain in Memphis. There, he will continue with a core featuring reigning Defensive Player of the Year Jaren Jackson Jr. and two-time All-Star Ja Morant, who’s facing a 25-game suspension to start next season.
Bane, 25, averaged 21.5 points, 5 rebounds, 4.4 assists and 1 steal last season while shooting 47.9% from the field and 40.8% on 7 3-point attempts per game. He’s exceed 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 42.5% from long distance for his three-year career.
Bane’s new deal dwarfs the four-year, $9.45 million contract he signed as a rookie in 2020.
