Arizona Tribune - Jazz sign Finland's Markkanen to five-year NBA extension

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Jazz sign Finland's Markkanen to five-year NBA extension / Photo: Alex Goodlett - GETTY IMAGES NORTH AMERICA/AFP/File

Jazz sign Finland's Markkanen to five-year NBA extension

SPORTS 07.08.2024

Lauri Markkanen, a 2023 NBA All-Star forward, has signed a five-year contract extension with the Utah Jazz, the club revealed on Wednesday.

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The 27-year-old 7-footer from Finland was named the NBA's 2022-23 season's Most Improved Player, when he averaged a career-high 25.6 points and 8.6 rebounds a game.

"I'm excited to get this extension done," Markkanen said in a video posted on the Jazz's X account. "I'm ready to get back to work and build with this franchise. You guys deserve to win. Go Jazz."

Markkanen's deal, according to ESPN, is worth $238 million. He had one year and $18 million remaining on his contract but will get $24 million more for next season and $196 million over four years after that.

The terms also ensure Markkanen cannot be traded until after next season.

Markkanen averaged 23.2 points and 8.2 rebounds a game last season for the Jazz, who went 31-51 and missed the playoffs for the second year in a row.

The Jazz have not reached the NBA Finals since losing to the Michael Jordan-led Chicago Bulls in 1998.

Markkanen, who spent four seasons with Chicago and one campaign with Cleveland, has averaged 18.1 points and 7.3 rebounds over seven career NBA seasons.

W.Nelson--AT

Arizona Tribune - Jazz sign Finland's Markkanen to five-year NBA extension

Jazz sign Finland's Markkanen to five-year NBA extension

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