Grizzlies ink Santi Aldama to three-year deal

Grizzlies ink Santi Aldama to three-year deal

Restricted free agent Santi Aldama has agreed to a three-year, $52.5 million deal, ESPN NBA insider Shams Charania first reported Monday.

Restricted free agent Santi Aldama has agreed to a three-year, $52.5 million deal to return to the Memphis Grizzlies, sources tell ESPN. CAA’s Austin Brown, Steven Heumann and Max Sadiman finalized the deal with the Grizzlies for Aldama, who had a career year last season. pic.twitter.com/Pk7j1HjtXy

— Shams Charania (@ShamsCharania) June 30, 2025

The Grizzlies still have work to do after renegotiating and extending Jaren Jackson Jr. for $240 million over five years, which can’t be done without cap space. Currently, they don’t have any unless they renounce rights to every one of their free agents (outside of Aldama).

This deal won’t become official until July 6, so the Grizzlies still have time to create space, whether it’s buying out players or trading smaller salaries.

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This is a breaking news story. Stay tuned for updates.

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