The Portland Trail Blazers have offered Jerami Grant a maximum contract extension worth around $122 million in four years, sources told Jake Fischer of Yahoo! Sports.
But as added by Fischer, Grant hasn’t accepted it, operating on the idea that the Blazers can sign him in free agency for as much as $233 million in five years.
But the “upper range” of noted gigantic figures, as Fischer stated, “appears unrealistic” on both sides to land next offseason.
Grant, an expiring asset and set to become an unrestricted free agent, became eligible to ink an extension earlier this month, but he may sign a much bigger money check from the Blazers once he enters the free agency as mandated by his Bird Rights.
From the financial standpoint, Grant’s refusal of the Blazers’ extension offer only allows him to be in the position to secure a much more lucrative contract. As such, with this given scenario, he can only hope to further elevate his value on the remaining part of the 2022-23 campaign and prove to the franchise brass that he is deserving of a pay raise.
The team’s prized acquisition from last summer, Grant has been wonderful so far this season for Portland and averaging 21.2 points, 4.3 boards, 2.4 assists in 35.7 minutes for 46 total games played. He is also draining a career-high 42.4 percent from three out of 5.7 attempts per contest.
The Blazers (23-25) are sitting on a tight competitive slate in the Western Conference, currently in the 13th place and just three wins away from the fourth seed. Grant’s production will be very much needed by the club as the season moves along, as they are targeting to secure an appearance within the playoff stage come April.