Markkanen (shoulder) is expected to sign a long-term extension with the Jazz, Shams Charania of The Athletic reports Tuesday.
One of the most coveted trade targets on the market is now staying put, and a deal could be signed as soon as Wednesday. Markkanen would therefore be ineligible to be traded during the 2024-25 season, and the deal will keep him on the books through 2029. While specifics aren't known yet, Charania is reporting that the deal is expected to be upwards of $200 million which would make this the richest contract in Jazz history. Over the last two campaigns with the Jazz, Markkanen compiled regular-season averages of 24.4 points, 8.4 rebounds and 1.9 assists.