Latest News About Jerami Grant Contract

Here’s the latest I could verify through public reporting up to now.

• Jerami Grant re-signed with the Oklahoma City Thunder on a three-year, $27 million deal, with the third year as a player option. This was reported in January 2026 by multiple outlets including ESPN’s Wojnarowski and The Score. This contract marks a return to a familiar term structure for Grant on a shorter, team-friendly deal with potential optioned years.[3]
• Earlier reports show Grant’s notable 2023-24 and 2024-25 contract contexts with Portland (a five-year, roughly $160 million deal signed in 2023), though Portland’s status and execution on that arrangement shifted over the 2024–2025 period as rosters evolved. This provides background on the long-term commitment that followed his move from Denver to Portland.[1][5]
• Outside observer analyses in 2025–2026 have, at times, labeled Grant’s contract as high-value or high-cost depending on team-building context and expected return, with some critiques noting the perceived gap between cap hit and production in certain seasons. Examples include coverage from Bleacher Report and related outlets that discuss value questions around his Portland contract.[5][9]

Key takeaway for context:

• As of early 2026, the most solid, widely reported update is that Grant is signed with the Oklahoma City Thunder on a three-year, $27 million deal, third year optional for him, which reverts to a shorter-term commitment compared with his 2023 Portland contract. If you’re tracking live negotiations or potential new terms, I can pull the very latest from current outlets.[3]

Would you like me to search for the absolute latest updates and provide a short summary with citations?[3]