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Lauri Markkanen received the NBA 2022-23 Most Impoved Player of the Year award. He was traded to the Utah Jazz from Cleveland in the Donovan Mitchell traded on September 3, 2022, which has given Markkanen a fresh reset on a roster that he seemed to gel with pretty well from the start. He was a 1st time All-Star and had career highs in multiple stat categories with the Jazz.
Markkanen was in the second year of his 4 year $67.47 million contract and earned $16.48 million during the 2022-23 season (87th highest in the NBA). He has two years and $35.3 million remaining on his current extension and will be extension eligible this offseason as of August 6th.
Remaining Contract:
- 2023-24: $17,259,999
- 2024-25: $18,044,544 ($6 million guaranteed)