The Utah Jazz and Lauri Markkanen could agree to a renegotiate-and-extend-deal next year, according to NBA insider Michael Scotto of HoopsHype.
Markkanen is owed $17.3 million this upcoming season. Only $6 million of his $18 million salary is guaranteed for the 2024-25 season. Domantas Sabonis and the Sacramento Kings agreed to a five-year, $217 million renegotiate-and-extend deal on July 1.
“This summer, we saw Domantas Sabonis agree to a renegotiation and extension deal with the Sacramento Kings, and there’s another candidate to keep an eye on down the line for something similar,” Scotto said. “Utah Jazz forward Lauri Markkanen is a renegotiation and extension candidate for next year to keep an eye on, from what I’ve heard.
“Currently, Markkanen is owed $17.3 million this upcoming season, and then only $6 million of his $18 million salary is guaranteed for the 2024-25 season.”
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Markkanen is one of the best players in the NBA. He averaged 25.6 points, 8.6 rebounds and 1.9 assists last season for the Jazz while shooting 49.9% from the field, 39.1% from beyond the arc and 87.5% from the free-throw line. The 26-year-old made his first All-Star team and won the Most Improved Player of the Year Award.
Markkanen has career averages of 17.3 points, 7.1 rebounds and 1.4 assists with the Chicago Bulls, Cleveland Cavaliers and Jazz. He bought a house in Utah and loves playing for the Jazz, according to Scotto.
NBA NEWS & RUMORS: Lauri Markkanen & Utah Jazz Updates
Yossi Gozlan of HoopsHype told Scotto that he expects the Jazz to sign Markkanen to a new contract next year.
“I’m expecting that to happen. I’d be surprised if it doesn’t happen,” Gozlan said. “Out of all the things I could predict that’ll happen next offseason, number one is (Jayson) Tatum signing a supermax extension, and number two is Lauri doing his renegotiation.”
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