Jerami Grant Says He Turned Down Blazers' Extension

The Portland Trail Blazers made a big move last summer trading for Detroit Pistons' scorer Jerami Grant. It's certainly turned out well as the 28-year-old is averaging 21.2 points while shooting a career-best 42.2% from three-point range. But could it be one-and-done for the 6'8" forward in Portland?

Jerami Grant on Monday told @TheAthletic the Blazers have offered him a 4-year, $112 million extension but he will likely wait until after the season to make a decision. He has until June 30 to accept the offer. (1/3)

— Jason Quick (@jwquick) January 31, 2023

Grant says he has turned down a 4-year, $112M extension from the Trail Blazers—the maximum they can offer due to CBA rules—and has decided wait until the offseason to make a decision on whether to try his hand in unrestricted free agency. 

He explained that he's truly enjoying his time in Rip City, but won't be signing a deal inpseason. 

Grant: “I’m kind of focused on the season at hand right now. Probably will wait until after the season and talk to (GM) Joe (Cronin). Everything is good. I like it here. Really enjoying it. So, yeah … we will discuss it when it’s time.” (2/3)

— Jason Quick (@jwquick) January 31, 2023

“I’m kind of focused on the season at hand right now," said Grant. "Probably will wait until after the season and talk to (GM) Joe (Cronin). Everything is good. I like it here. Really enjoying it. So, yeah … we will discuss it when it’s time.” 

Of course, the real reason behind his waiting is the fact that, as a free agent, he'd be eligible for a contract of much greater magnitude from the Blazers — or any other team. 

If Grant doesn’t accept the offer, he will become a free agent on July 1, when he will be eligible to offered as much as 5-years and $233 million by Portland. Other teams could offer him as much as 4 years and $174 million.

— Jason Quick (@jwquick) January 31, 2023

Assuming he doesn't accept the offer by June 30th, he'll become a free agent on July 1st, at which time Portland can offer him 5 years and $233M. Other teams could offer Grant a 4-year deal worth up to $174M. 

This is the third consecutive season the 9-year veteran has hovered around the 20 PPG mark. He's currently earning $20.9M on this, the expiring year of his contract. 

Photo: Troy Wayrynen-USA TODAY Sports