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Memphis Grizzlies trade $240 million superstar in bombshell NBA move

By JAMES COHEN, SPORTS REPORTER

Published: 14:05 EST, 3 February 2026 | Updated: 14:09 EST, 3 February 2026

The Memphis Grizzlies have confirmed a blockbuster trade that will see Jaren Jackson Jr leave the franchise and head to the Utah Jazz.

The Grizzlies will receive seven players in total from the Jazz for the forward, who only signed a five-year, $240 million maximum renegotiation-and-extension last year.

They will acquire guard Walter Clayton, swingman Kyle Anderson, forwards Taylor Hendricks and Georges Niang, and three future first-round picks, according to NBA Insider Shams Charania.

Jackson had previously spent his entire NBA career with the Grizzlies after being drafted as the fourth overall pick by the franchise back at the 2018 NBA Draft.

More to follow...

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