The Memphis Grizzlies traded forward Jaren Jackson Jr. to the Utah Jazz in a blockbuster deal involving eight players and three future first-round picks. This move gives GM Zach Kleiman 13 future firsts over seven years and a $29 million trade exception. Rival executives now anticipate the Grizzlies will significantly lower their asking price for star guard Ja Morant, potentially accelerating a trade before Thursday's deadline.
Despite Morant's professed love for the franchise, the Grizzlies are pivoting to a full rebuild. While Memphis publicly praised Jackson, his market was more robust than Morant's, who has faced injuries, off-court issues, and declining production. Sources indicate Morant's market is diminished, with teams wary of previous high demands, forcing Memphis to adjust expectations.
A lower price could appeal to interested teams like the Miami Heat and Minnesota Timberwolves, who are also focused on pursuing Giannis Antetokounmpo. The Heat might grant Morant the extension he seeks. Memphis is also monitoring the Antetokounmpo situation closely and previously explored a multi-team deal that could have returned Mike Conley.