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Santiago Aldama Toledo and the Memphis Grizzlies have reached an agreement on a three-year contract worth $52.5 million.

As a restricted free agent, the power forward was anticipated to attract considerable interest from various teams.

Represented by Max Saidman, Steven Heumann, Aaron Mintz, and Austin Brown, the player had a solid season last year, averaging 12.5 points, 6.4 rebounds, and 2.9 assists per game, while posting a Player Efficiency Rating (PER) of 16.6.

In addition to securing Aldama’s future, the Grizzlies also extended Jaren Jackson Jr.’s contract as the free agency period began, reinforcing their commitment to maintaining a competitive roster.