Jerami Grant Contract & Salary

Jerami Grant is on the books for $34,206,898 in 2026-27, the 1st largest cap hit on the Memphis Grizzlies roster and 28.4% of the team's $120.6M payroll.

That ranks 52nd among the 434 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 15 players on the Memphis Grizzlies' books for 2026-27, whose 2026-27 salaries add up to $120,551,052.

Memphis Grizzlies sit at $120.6M in payroll and are currently classified Cap Space, with +$45.6M of room below the first apron.