Ja Morant’s Memphis chapter is officially closed in a very literal way: the former Grizzlies guard has sold his two-story mansion in the city for a reported $3.2 million, moving on from the home he bought after landing his massive contract with Memphis.
Morant originally listed the property for $3.5 million before agreeing to the sale earlier this week. He had paid $3.05 million for the house, so the deal leaves him with a reported $150,000 profit four years after purchasing it in 2022, the same year he signed his $197.2 million max contract with the Grizzlies.
The house itself was no small setup. It reportedly sits on 6.45 acres, spans 13,836 square feet, and includes seven bedrooms. According to ‘Homes of Celebs,’ the property features a foyer, home office, living room with a built-in bar, formal dining room, kitchen, private lounge, en-suite bathroom, walk-in closets, a salon, poker room, billiards room, sauna, movie theater, and more.
There’s also another Morant-owned property nearby. The report says this home is just 62 feet away from a property he bought for his parents with his first contract in 2019.
Morant’s finances remain as eye-catching as his game. He reportedly has a net worth of $50 million and has already earned about $150 million through 2026 of his $236.8 million in guaranteed career earnings, with nearly $87 million still left to come over the next two years.
Now 27, Morant is beginning a new stretch of his career in Portland with the Trail Blazers after a controversy-filled 2025-26 season in Memphis. And around the league, some former NBA players are already expecting a strong response.
Isaiah Thomas made that clear on X, writing: “Ja Morant is going to have a special season!! Pulling for bro frfr 🏁🏁🏁,”
Stephen Jackson and Matt Barnes shared their thoughts on an episode of the ‘All the Smoke’ podcast, and Jackson framed Morant’s next step as a chance to reset and get back to the basics.
“I’m happy for him. I f-ked up a million times and kept getting chances.
So, I’m glad he understands. Well, I want him to understand that it’s not what you do, it’s what you do after.
You got the opportunity to fix all this s-t by coming out averaging 18-20, having a great year,” Stephen Jackson said.
He also pointed to the situation Morant is walking into in Portland.
“You’re already doing great selling shoes. So, just come out and play basketball.
Hope he’s focused on just getting back to playing basketball because he has a great opportunity to play along. Dame and some other young stars,” he added.
Jackson then laid out why he thinks the pressure looks different now than it did in Memphis.
“If he comes out this year and averages 18 to 20, he doesn’t really have the pressure because you got Dame there. You got Avdija who’s really their number one option.
You just come out and get back to doing what you love and having fun. You know, you get out of Memphis; this is a great opportunity to kind of reclaim who you are,” he further added.
He closed by saying the setting in Portland could help Morant loosen up.
“They had expectations in Memphis with the team they had. It ain’t nothing in Portland right now.
No. So maybe this could help them get back and play freely again,” Jackson said in his final thoughts on Morant’s season.
“Just hoop, just hoop,” Barnes concluded.
Morant now heads into the next phase of his career with Portland, ready to play alongside Damian Lillard and, by the sound of it, with a little more room to breathe than he had as the centerpiece in Memphis.
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