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Markkanen, 27, had one year and $18 million
left on his contract. The new deal raises his 2024-25 salary by
$24 million and adds four seasons and $196 million, per Michael
Lelchitski of Sports International Group.
The 7-footer from Finland was named the NBA's Most Improved
Player in his first season with Utah in 2022-23 and earned his
first All-Star selection that same season.
Markkanen averaged 23.2 points and 8.2 rebounds and shot 39.9
percent from 3-point range in 55 starts last season.
A first-round pick (No. 7 overall) in the 2017 NBA Draft,
Markkanen has career averages of 18.1 points and 7.3 rebounds in
403 games (377 starts) with the Chicago Bulls (2017-21),
Cleveland Cavaliers (2021-22) and Jazz.
According to his agent, the extension also precludes Markkanen
from being traded for six months. That stretches beyond the Feb.
6 trade deadline, meaning Utah could not move him until next
offseason at the earliest.
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