Lauri Markkanen and the Utah Jazz are anticipated to comply with a long-term contract extension on Wednesday or later, which is able to make him ineligible for a commerce through the 24-25 season. The Jazz maintain $33 million in cap house they will use to extend Markkanen’s contract for the 24-25 season to maximise his earnings. Markkanen’s deal is projected to be value upwards of $200 million over 5 years and can preserve him below contract by means of 2029.
If Markkanen would have signed the extension on Tuesday, he may have been traded on the deadline.
The Jazz held Markkanen commerce conversations with a number of severe suitors over the past month, together with the San Antonio Spurs, Sacramento Kings and Golden State Warriors. The Warriors made probably the most aggressive supply with Moses Moody, a number of first spherical picks, choose swaps and second spherical picks supplied.
The Jazz acquired Markkanen as a part of the 2022 commerce of Donovan Mitchell and emerged as a franchise cornerstone.
