Up to 207 million in 5 years! Bane re-signed early Grizzlies if fully surpassed Morant, a team record
On July 1, Beijing time, according to Woj, the Grizzlies and team marksman Bane completed a five-year early renewal of the maximum salary contract, and the contract amount can reach up to $207 million. Because Morant's five-year maximum salary contract, which was extended early last summer, failed to trigger the super clause, so it was only $193 million for five years at most, rather than increased to $233 million for five years, Bain's new contract, if it can reach a maximum value of $207 million, will surpass Morant as the Grizzlies' history for the largest single contract in history.
The 25-year-old Bane is the NBA's No. 30 first-round pick in 2020, and his rookie contract is $9.94 million for four years in the summer of 2020, leaving a $3.85 million unguaranteed contract for the 2023-24 season, and the Grizzlies will execute such a contract, so his rookie contract will not be effective until the summer of 2024.
During the regular season last season, Bane played in 58 games for the Grizzlies, averaging 21.5 points, 5 rebounds, 4.4 assists and 1 steal while shooting 47.9 percent from the field and 40.8 percent from three-point range. As for entering the playoffs, Bain averaged 23.5 points, 6 rebounds, 3.2 assists and 0.8 steals per game, shooting 42.2% from the field and 32% from three-point range.
The 25-year-old Bane spent three seasons with the Grizzlies helping the team qualify for the playoffs, scoring 20+ points in the regular season for the first time in his career last season and improving his playoff stats. Bain is only 25 years old and shows that there is still room to continue to improve, thus winning the Grizzlies to throw him a big contract.
According to Woj, Bain and the Grizzlies completed a contract extension of up to $207 million five years ahead of schedule. It is worth mentioning that Bane's contract is higher than that of Grizzlies top star Morant, who reached a five-year $193 million early contract extension in 2022, and can reach $233 million for five years if the super top salary is triggered. However, because Morant's gun gate incident led to a ban, he also missed the best team last season, thus failing to trigger the super top salary clause and losing about $40 million.
In this way, if Bane's early contract extension can get up to $207 million for five years, it will also surpass Morant's five-year $193 million contract last year and set a record for the largest single contract in Grizzlies history. And so it goes
The Grizzlies reached the first round of the playoffs this year, losing 4-2 to the Lakers as the second overall point in the Western Conference regular season. Morant will be suspended for the first 25 games of next season, so the Grizzlies need Bane to work with Jalen Jackson Jr. to lead the team forward if they want to remain competitive, and the introduction of two players, Smart and Ross, is expected to fill Morant's absence.
(Text/Drunken Lying Float)