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Grizzlies Reportedly Lower Asking Price For Ja Morant

By | at February 4, 2026 11:39 am

After trading Jaren Jackson Jr. to Utah on Tuesday, the Grizzlies have lowered their asking price for point guard Ja Morant “dramatically,” rival teams tell Jake Fischer of The Stein Line (Substack link). Kelly Iko of Yahoo Sports first reported that rivals were anticipating a reduction in Memphis’ price tag on Morant, which could pave the way for the two-time All-Star to change teams this week.

Iko describes the market for Morant as “diminished,” while Chris Mannix of SI.com agrees that interest has been limited, citing “availability, attitude and diminished production” as areas of concern for potential Morant suitors. However, Iko notes that some of those would-be suitors may return to the table after balking at Memphis’ previous demands.

The Grizzlies have increasingly recognized that a Morant trade won’t net them the same sort of hauls that they got for Jackson and Desmond Bane, Iko writes, and teams like the Timberwolves and Heat will have more interest in the guard as a buy-low target than they would’ve at Memphis’ initial price point.

Brett Siegel of ClutchPoints hears that the Grizzlies want to acquire some sort of draft compensation for Morant and may be inclined to accept the first offer that features a first-round pick, though that would presumably hinge on how much salary they’re being asked to take on. Sources tell Fischer that Memphis has conveyed a willingness to take on long-term contracts if they’re attached to worthwhile draft compensation.

Here’s more on Morant:

  • While the Kings have been frequently linked to Morant, sources tell Fischer that their interest continues to be “minimal,” and James Ham of The Kings Beat hears similar rumblings, writing that Sacramento isn’t actively pursuing Morant and hasn’t spoken to the Grizzlies for two or three days. That doesn’t mean Sacramento is entirely out of the picture — Siegel cites league sources who believe the Kings would consider a Morant deal if it means moving off some of their own multiyear contracts, including perhaps those of Malik Monk and/or DeMar DeRozan. Kevin O’Connor of Yahoo Sports (Twitter link) also hears that Sacramento remains involved for Morant.
  • Both the Timberwolves and Heat remain in the hunt for Giannis Antetokounmpo, so until there’s resolution on that front, they’ll presumably keep any potential Giannis-related trade assets off the table in talks with the Grizzlies. Miami has hoped to be able to land Morant for a Trae Young-esque return, Siegel explains. The Miami Herald has frequently mentioned Terry Rozier‘s and Simone Fontecchio‘s expiring contracts as a possible package for Morant, which would be an even lighter package than what Atlanta got for Young, but would create significant cap flexibility going forward for Memphis.
  • There’s a “growing thought” that the Heat would be willing to sign Morant to the kind of contract extension he’ll be seeking beyond his current deal, sources tell Iko. Morant is under contract for two years and $87MM after this season.
  • In addition to gauging the market for Morant, the Grizzlies have interest in potentially facilitating an Antetokounmpo trade and are closely monitoring that situation, according to Iko, who says Memphis explored the possibility of reacquiring Mike Conley from the Timberwolves before he was dealt to Chicago.
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