Ja Morant Contract: Grizzlies Star Missed out on $39 Million Worth of Incentives

Ja Morant - Memphis Grizzlies v New Orleans Pelicans
(Photo : Chris Graythen/Getty Images) NEW ORLEANS, LOUISIANA - Ja Morant (#12) of the Memphis Grizzlies drives the ball up the court against the New Orleans Pelicans at Smoothie King Center on December 19, 2023 in New Orleans, Louisiana.

Memphis Grizzlies star Ja Morant is one of the most electrifying young talents in the league today.

Touted as the league's first Gen Z superstar, Morant was selected by the Grizzlies with the second overall pick in the 2019 NBA Draft after two seasons of college basketball with Murray State.

The 6-foot-2 point guard subsequently won the 2020 NBA Rookie of the Year award, beating out that year's top overall pick Zion Williamson.

Morant elevated his game even further in the coming years, clinching the 2022 NBA Most Improved Player award and making the NBA All-Star Game in 2022 and 2023.

The 24-year-old was also named to the All-NBA Second Team in 2022, solidifying himself as a top talent on the world's premier basketball stage at a young age.

Let's look at Ja Morant's contract details, career earnings, and salary.

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Ja Morant's Contract: $193 million

In the summer of 2022, Morant finalized a five-year max contract extension amounting to $193 million. The agreement will be valid from the 2023-24 NBA season to the 2027-28 NBA season.

The total value of the pact could have risen to an impressive $231 million had Morant clinched a position on the All-NBA Team for the 2022-23 season.

Regrettably, the 2022 NBA Most Improved Player fell short of achieving this milestone, resulting in a missed opportunity for nearly $39 million in added earnings.

One contributing factor to his exclusion from the All-NBA honors was an eight-game suspension stemming from a video incident related to a gun in early 2023.

Morant's initial NBA contract was a rookie scale deal worth $39,619,840 over the course of his four seasons in the league, signed in 2019.

Ja Morant's Career Earnings

By the conclusion of the 2023-24 NBA season, Morant is projected to have accumulated $73,625,090 in career earnings exclusively from his NBA salary over his five seasons in the league, as outlined by Spotrac.

It's important to note that this total does not incorporate additional income generated from off-the-court endeavors such as endorsements.

Furthermore, it excludes tax deductions, agent fees, and other associated business expenses.

Given his current max contract extension that runs through 2028, Morant is expected to accumulate an impressive total of $236,850,290 in career earnings by the contract's conclusion.

Morant will be 27 or 28 years old when he negotiates for the next contract, and he could secure an even more lucrative deal if he continues his upward trajectory.

Ja Morant Salary 2023

Morant is slated to take home $34,005,250 during the 2023-24 season, marking the first year of his contract extension, as reported by HoopsHype.

This signifies a substantial pay increase, nearly tripling his salary from the previous season, which was $12,119,440 in 2022-23.

His earnings are projected to experience a continuous surge in the upcoming years, reaching $36,725,670 in the 2024-25 season and peaking at $44,886,930 in the 2027-28 season, the final year of his current contractual agreement.

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