Trail Blazers forward Jerami Grant confirmed on Monday that the team has offered him a four-year, $112MM+ contract extension, according to Jason Quick of The Athletic (Twitter link). Grant said he’ll likely wait until sometime in the spring to make a decision on the offer.
“I’m kind of focused on the season at hand right now,” Grant said (Twitter link). “Probably will wait until after the season and talk to (general manager) Joe (Cronin). Everything is good. I like it here. Really enjoying it. So, yeah … we will discuss it when it’s time.”
Jake Fischer of Yahoo Sports first reported last week that the Blazers had offered Grant an extension.
During the season, the Blazers can offer Grant up to approximately $112.65MM over four years. That’s a 20% raise on this season’s $20.96MM salary for year one of the extension, then 8% annual raises after that. If he becomes an unrestricted free agent, the 28-year-old would be eligible for a deal worth up to a projected $233MM+ over five years from Portland.
Grant is unlikely to receive a maximum-salary offer from the Blazers or another team, but if he believes he can exceed the $28MM-per-year proposal currently on the table, it would make sense for him to opt for free agency instead. He’ll have until June 30 to decide whether to accept Portland’s current offer, so there’s no rush to get anything done during the season.
A year ago, a handful of free-agents-to-be, including Ivica Zubac, Gary Harris, and Thaddeus Young, agreed to extensions during the final week before July 1, so it’s not unprecedented for extension candidates to take their decisions down to the wire. Of course, none of those players’ deals were nearly as lucrative as the offer on the table for Grant, and none of them were expected to have the sort of market value that Grant will.
In his first season in Portland after being acquired in an offseason trade with the Pistons, Grant is averaging 21.3 points, 4.3 rebounds, and 2.4 assists per game on .488/.422/.797 shooting through 48 contests (35.8 MPG). He has also provided the Blazers with a big, versatile defender on the wing. While he may be leaning toward staying in Portland, the ninth-year forward would certainly draw interest from rival suitors if he reaches the open market.
20 thoughts on “Jerami Grant Confirms Blazers Offered Four-Year Extension”
Portland wants to go after Draymond Green so it would be no surprise if Grant leaves they cut more payroll to be able to pay Green a contract. That might be why they are offering up a few players in trade.
They certainly would not trade a first for Grant who Dame specifically wanted to play with him on the Blazers for Draymond Green. They’re offering players up in a trade to get an upgrade over Nurk.
That’d be an insane move…
Move a young 2-way borderline all star for an ageing 1-way role player…
Philly shoulda trusted the process #ripHinkie
Rank the following planets by which you’d rather ride in a spaceship to…list 3 reasons why if possible
MCW, hinkie, okafor and noel paid for your sins philly
Dario, TJ, Simmons & more as well
Dont become the next Shroeder. Sign the extension, and Portland will treat you great.
that is a fair offer to Grant. He is a good player but not a top player worth $45 million a year (all star contract amount). He is Portland 3rd best player.
Lol u hate to see him having this much control don’t u
What if he gets hurt before offseason? It’s a huge risk. He can have an opt out in his extension, so he can another extension in few yrs.
Suns should acquire Grant if they really want to pay big luxury tax next season
Crowder, Saric and 3 Firsts for Grant
Via third team Raptors or Jazz
Cam Johnson can play both SF and PF
About $100 million luxury tax for keeping everyone
I like Suns next season potential lineup
6th man cam Johnson
$160 MM luxury tax per season
All market contracts
I like suns and moons and planets
9th planet Pluto
I like bread and butter
Toast and jam.
JAJAJAJAJ (LOLLLLL in spanish)
I wouldn’t be surprised if Denver tries to get Grant back. I can see him going back.
I’m starting to think they should of kept MCW over Simmons
What isn’t he still playing? I remember.him arguing and annoying Dwight along with the Magic’s youngsters in the bubble. He could still back up someone’s PG.
110 million for 4 years to play a kids game isn’t enough for him. Most people would be on their knees licking the owners feet if they got offered that kind of life changing money. He needs to feed his family I guess. 110 million isn’t enough to help out his family
It’s all about the market…
The average person doesn’t have the skills to garner the market…
As rich people continue to throw more and more money at sports, the market will continue to dictate that… And the gap between the haves and have nots will continue to grow…