According to ESPN’s Shams Charania, confirmed by both organizations, the era of Ja Morant in Memphis is officially over after seven years. The Portland Trail Blazers and Memphis Grizzlies have come to an agreement Monday afternoon that features an all-player trade.
To complete their rebuild, the Grizzlies have shipped out Morant. This follows suit after moving off Jaren Jackson Jr. and Desmond Bane, plus Dillon Brooks no longer being with the organization.
Monday’s trade sees Morant going to Portland and Jerami Grant and Kris Murray going to Memphis. No draft picks were exchanged in this transaction.
This was reportedly Portland’s biggest move this offseason and will no longer be pursuing Jaylen Brown. Brown remains a large trade candidate for teams to make offers on.
Morant is signed for the 2026-27 season for $42.2 million and for 2027-29 at $44.9 million. Grant is signed at $34.2 million for the 2026-27 and he has a player option for the 2027-28 season at $37.2 million.