Grizzlies Re-sign Aldama, Trade Bane to Orlando

The Memphis Grizzlies have re-signed restricted free agent Santi Aldama to a three-year, $52.5 million contract after his breakout 2024-25 season, in which he achieved career highs in points, rebounds, assists, and shooting efficiency. Aldama, 24, has established himself as a key rotational player, contributing strong shooting and playmaking off the bench. The team-friendly deal gives Memphis flexibility to use Aldama as a backup, spot starter, or trade asset. This move follows the Grizzlies' signing of Jaren Jackson Jr. to a five-year, $240 million max extension and their trade of Desmond Bane to the Orlando Magic. These roster decisions put the Grizzlies above the salary cap but maintain options for further talent acquisition. Aldama's contract and development are expected to play a significant role in Memphis' future competitiveness.