Jerami Grant Contract & Salary

Jerami Grant is a PF for the Memphis Grizzlies, earning $34,206,898 in 2026-27. Contract runs through 2027-28 ($70,620,688 guaranteed). Flagged years: 2027-28 player option.

Updated · 2026–27 season

Jerami Grant is on the books for $34,206,898 in 2026–27, the 1st largest cap hit on the Memphis Grizzlies roster and 24.5% of the team's $139.9M payroll.

That ranks 51st among the 444 players with a 2026–27 salary on the books, and eats 20.7% of the $165.0M salary cap.

The deal has 2 seasons left on it, running through 2027-28, worth $70,620,688 in guaranteed money.

The money climbs as it goes: $34,206,898 in the first year up to $36,413,790 in the last, a 6% rise across the deal.

Not every year is locked in: 2027-28 player option.

The option year belongs to the player, not the team — he decides whether to take the money or return to the market, so the team cannot count on it either way.

At 32, this contract runs through his age-33 season, so the back end lands after the usual peak.

No teammate earns more — he is the highest-paid player on the roster for 2026–27.

He is one of 19 players on the Memphis Grizzlies' books for 2026–27, whose 2026–27 salaries add up to $139,883,634.

Memphis Grizzlies sit at $139.9M in payroll and are currently classified Cap Space, with +$44.9M of room below the first apron.

Jerami Grant
PF Memphis Grizzlies · age 32
2026–27 Salary
$34.21M
% of Cap
20.7%
Years Remaining
2
Total Guaranteed
$70.62M
Contract by Season
SeasonSalary% of CapNote
2026-27$34,206,89820.7%
2027-28$36,413,79022.1%player option
2028-29UFA / $54.6M
2029-30
2030-31
Memphis Grizzlies Cap Context
Team PayrollCap SpaceTax Room1st Apron Room2nd Apron Room
$139.9M+$3.2M+$38.6M+$44.9M+$57.5M
Highest-Paid Memphis Grizzlies Teammates
PosPlayerAge2026-27% of Cap
CIsaiah Stewart25$15,000,0009.1%
PFCameron Boozer19$11,849,7607.2%
SGTy Jerome29$9,220,0505.6%
CQuinten Post26$9,000,0005.5%
PFTaylor Hendricks22$7,805,9004.7%
SGJordan Hawkins24$7,021,8954.3%
Comparable 2026-27 Contracts
RankPlayerTeam2026-27vs Grant
50Jrue HolidayPortland Trail Blazers$34,800,000+$593,102
52Jordan PooleNew Orleans Pelicans$34,044,642-$162,256
53Mikal BridgesNew York Knicks$33,482,145-$724,753
54Julius RandleBrooklyn Nets$33,333,334-$873,564
55Tyler HerroMilwaukee Bucks$33,000,000-$1.21M