Jaren Jackson Jr. and the Memphis Grizzlies have reached an agreement on a contract extension, according to ESPN.

Jaren Jackson Jr. is ready to be a building block for the Memphis Grizzlies, and he's thankful for everyone who helped him reach this point and everyone who has supported him in the city after reportedly coming to terms on a five-year contract extension Monday.

Jackson, a 6-foot-10 big man, has spent all seven seasons with the Grizzlies and has career averages of 18.5 points, 5.5 rebounds and 1.9 blocks per game. He was named the NBA’s Defensive Player of the Year in to close the 2022-23 season.