The Grizzlies exercised Jackson's (knee) $2.4 million team option Monday, Jake Fischer of BleacherReport.com reports.
Jackson has shown flashes offensively but struggled to stay healthy and put everything together in his first three seasons. However, the Grizzlies are still believers in his long-term upside. Across 55 regular-season contests in 2025-26, he averaged 12.5 points, 4.3 rebounds and 1.5 assists on 49.6 percent shooting from the field.