Utah Jazz All-Star Lauri Markkanen has signed a five-year contract extension worth $238 million, as reported by ESPN.
The deal, which includes $220 million in new money, includes a salary increase for the 2024-2025 season of $24 million and another four years for $196 million without options.
This renewal prevents the Jazz from trading Markkanen for six months, thus passing the 6 February deadline. Markkanen expressed his confidence in the Jazz organisation and his determination to continue to grow as a player and a person.
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