Via ESPN.com:
Memphis Grizzlies All-NBA guard Ja Morant has agreed to a five-year designated rookie extension that’ll likely be worth $231 million, his agent, Jim Tanner of Tandem/YouFirst Sports, told ESPN.
Morant, who made All-NBA Second Team, is guaranteed $193 million and will trigger supermax escalators to take the deal to $231 million upon again landing on one of the league’s three All-NBA teams.
The deal also includes a 15% trade kicker, Tanner said.